Examples of 'traditional mortgage' in a sentence
Meaning of "traditional mortgage"
traditional mortgage: A standard home loan provided by a financial institution, where the borrower agrees to repay the borrowed amount plus interest over a set period. This type of mortgage usually requires a down payment and is secured by the property being purchased
How to use "traditional mortgage" in a sentence
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traditional mortgage
This is a clause from a traditional mortgage contract.
A traditional mortgage is typically the best type of loan for a mobile home.
Surely you are familiar with a traditional mortgage.
Get a traditional mortgage.
Interest rates are usually similar to traditional mortgage rates.
No, like a traditional mortgage the title stays in your name.
You are probably familiar with traditional mortgage financing.
The traditional mortgage ( conventional mortgage ).
They are the opposite of a traditional mortgage.
If you can not get a traditional mortgage loan, seller financing is another option.
Owner financing is a way to purchase a home without a traditional mortgage loan.
This is the traditional mortgage loan.
Keep in mind that home construction loans are different from traditional mortgage loans.
The primary difference between a traditional mortgage and a farm mortgage is the property itself.
Other times the cost of the buydown is treated like a traditional mortgage point.
See also
For many borrowers, traditional mortgage loans still fit the bill.
These are the same costs you would pay to take out a traditional mortgage.
Many seniors who do not qualify for a traditional mortgage may be eligible for a Reverse Mortgage.
As a result lenders might offer you lower rates than you could get with a traditional mortgage.
The construction loan will convert to a traditional mortgage when the house is finished.
One type of deed, a deed of trust, is used as an alternative to a traditional mortgage.
If you do not qualify for a traditional mortgage loan, seller financing is a great option.
American banks retained about $8 trillion of that total directly as traditional mortgage loans.
We can offer them a more traditional mortgage solution - Manulife Bank Select.
Buying a home with a home equity line of credit instead of a traditional mortgage means,.
Conventional Mortgage, A traditional mortgage for up to 75 per cent of the appraised value of a property.
If they decide to keep it, they can refinance the property with a traditional mortgage.
Traditional mortgage lenders require people to make down payments of about 5-20 %.
The fees may be higher than traditional mortgage loans.
Needless to say, an interest-only payment will be significantly less than a traditional mortgage payment.
This is basically a traditional mortgage.
The market for lending to non-resident individuals is very different from the traditional mortgage market.
The reverse mortgage is just like a traditional mortgage but in reverse.
A reverse mortgage is a " Reverse " of a traditional mortgage.
You can not have a reverse mortgage and a traditional mortgage at the same time.
The loan is called a reverse mortgage because the traditional mortgage payback stream is reversed.
What is the difference between a traditional mortgage and an FHA?
How fix-and-flip loans differ from traditional mortgage loans.
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