An in-depth look at Adjustable-Rate Mortgages (ARMs), exploring their history, types, key events, mathematical models, and practical implications.
An in-depth examination of the 'Bouquet', its role in viager transactions, historical context, types, key events, examples, and much more.
Collateralized Mortgage Obligations (CMOs) are complex debt securities that are segmented by maturity periods and backed by pools of mortgages.
Detailed guide on Conventional Loans, covering their historical context, types, key events, explanations, importance, applicability, examples, and much more.
Understanding the nuances of Conventional Loans, mortgages that are not backed by federal government programs such as the FHA.
A comprehensive overview of effective rent, its importance, calculation methods, and applicability in real estate.
Equity sharing, an innovative property ownership model where an investor partners with a resident homeowner, blending the benefits of homeownership with investment potential.
The Federal Housing Administration (FHA) is a HUD agency that insures loans made by approved lenders to encourage homeownership, especially among lower-income individuals and first-time homebuyers.
An in-depth examination of freehold value, representing the outright ownership of property without any lease obligations.
Comprehensive entry on Loan Servicing Fees, the primary income generated from holding a Mortgage Servicing Right (MSR). Includes definition, examples, types, historical context, and related terms.
Mortgage approval is the final confirmation of loan terms and amount after all necessary verifications, signifying that the lender has agreed to provide the borrower with the specified loan.
A detailed exploration of mortgage bonds, their definition, types, historical context, and practical implications.
An in-depth exploration of property lending, including historical context, types, key events, risk considerations, mathematical models, and more.
An in-depth exploration of Rent-to-Own agreements, their structure, benefits, and considerations for prospective homebuyers.
A comprehensive overview of second mortgages, their implications, and applications in real estate finance.
A detailed guide to understanding Building Loan Agreements, also known as Construction Loans, including types, stages, examples, and applicability.
A detailed definition and explanation of a Construction Loan, its types, special considerations, examples, historical context, applicability, comparisons, related terms, frequently asked questions (FAQs), references, and final summary.
Contract Rent refers to the predetermined amount of rent specified in a rental agreement, distinguishing it from economic rent, which is influenced by market conditions.
Gap Loan refers to a temporary loan that fills the difference between the floor loan and the full amount of the permanent loan, often used during the rent-up period in real estate development.
Understand the concept of Guaranteed Mortgage, its types, features, historical context, and relevance in modern finance.
A detailed analysis on junior liens, their types, implications, applications, and relationships with other financial instruments and regulations.
A financial arrangement where a property owner sells land to an investor and then leases it back for long-term use.
An in-depth look at mortgage insurance, its significance, and how it protects lenders and borrowers.
A type of Real Estate Investment Trust (REIT) that focuses on lending capital for real estate mortgages. Mortgage REITs generate revenue primarily through the interest they earn on mortgage loans.
An in-depth explanation of pass-throughs, including operating expenses charged to tenants and pass-through certificates.
Potential Gross Income (PGI) represents the total rental income a property could generate if it were fully leased with no vacancies throughout the year, excluding other forms of income and deductions such as vacancy and collection losses.
An in-depth look into Refinanced Mortgages, their types, mechanisms, benefits, and impacts on the economy.
A detailed exploration of Reserve Funds in real estate, including types, applications, and special considerations.
Title theory is a modern version of the common law mortgage where the creditor holds the legal right to possess the property, although the debtor usually remains in possession.
A comprehensive explanation of an underlying mortgage (first mortgage) within the context of wraparound mortgages. This entry details the involved concepts, formulas, examples, historical context, and FAQs to provide clarity on this financial topic.
A comprehensive guide to understanding the 2/28 adjustable-rate mortgage (ARM), covering its structure, benefits, drawbacks, and practical applications in real estate finance.
A comprehensive guide to understanding a 3-2-1 buydown mortgage, including its meaning, benefits, drawbacks, examples, and frequently asked questions.
Explore the intricacies of 5/1 Hybrid Adjustable-Rate Mortgages (ARMs) with detailed examples, historical context, comparisons, and more. Learn how these mortgages work and what to consider when choosing one.
A comprehensive guide to conventional mortgages, their features, advantages, and how they compare to other types of home loans, such as FHA loans.
An in-depth exploration of Graduated Payment Mortgages (GPM), covering their structure, benefits, drawbacks, and real-world examples to illustrate their applicability in financial planning.
A comprehensive guide on how a home equity loan works, the rates associated with it, requirements for obtaining it, and a calculator for determining loan amounts.
An in-depth look at the Housing Expense Ratio, its significance, how to calculate it, and its impact on financial health and lending decisions.
Explore the Income Approach, a real estate appraisal method that estimates property value based on generated income. Understand its calculation, applications, and examples.
A detailed exploration of junior mortgages, their significance, operational framework, limitations, and important considerations for borrowers.
Understanding the concept of property tax deduction, its mechanisms, and the procedure to claim it. This entry explores the intricacies of state and local property taxes, including eligibility and limitations.
Comprehensive overview of Real Estate Mortgage Investment Conduits (REMICs), including their definition, regulatory framework, operational rules, and their role in mortgage-backed securities.
Explore the concept of the mill rate, its role in property tax calculations, and how it impacts homeowners and municipalities.
Learn how to use a pledged asset to reduce your mortgage down payment, including the pros and cons of this financial strategy.
Explore the detailed definition, working mechanism, and practical example of a wrap-around loan structure, commonly used in owner-financed real estate deals.
