14 Mortgage Basics Flashcards
1
Q
GPM
A
Graduated Payment Mortgage
2
Q
Wrap around mortgage
A
combine existing loan with new loan
3
Q
Packaged mortgage
A
packaged real esate with personal property
4
Q
land contatcts and installmet agreements
A
seller holds title
5
Q
Reg Z mortgage advertizing regulator
A
triggers are numbers
6
Q
pre qualification and pre approval
A
difference