| more home mortgage florida homes than they normally would be able to by factoring in the money they'll save on transportation costs. Fannie Mae - Federal National Mortgage Association. Fair Isaac (FICO) - One of the three main credit bureaus. A FICO score of 600 would be similar to a "C" in public school grading or a "C-" in private home mortgage florida grading. FHLB Advances - Funding provided by Federal Home Loan Banks. Freddie Mac - Federal Home Loan Mortgage Corporation. Government Sponsored Entity (GSE) - Private organizations with government charters whose function is to provide liquidity for the residential loan market. GSEs purchase loans from lenders and assume risk for the asset, thereby protecting the investors in the MBS. Home Equity home mortgage florida (HEL) Homeowners Insurance - Package policy that combines (1) coverage against the insured’s property being destroyed or damaged and (2) coverage for liability exposure of the insured. Jumbo mortgages - Loans with high risk of default ab initio. "They see something home mortgage florida TV or they contact the lender and they find out, my goodness, I can borrow all this money," says Dr. Patrick McMurry, and economics professor at Missouri |
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