1 / 9

Mortgage Payment Calculator 1 800 929 0625

Get the best all mortgage services in Canada by Mortgage Lowest Rate. We provide home purchase, refinance, home equity, renewal, mortgage life insurance, commercial mortgage, vacation property, investment. Hire our most famous mortgage services and get benefits. For more information just look at http://www.mortgagelowestrate.ca/<br>

Simmoneliott
Télécharger la présentation

Mortgage Payment Calculator 1 800 929 0625

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Mortgage Markets Mortgage Lowest Rate

  2. Mortgage • Mortgage A pledge of property to secure payment of a debt. • Mortgagor: Borrower • Mortgagee: Lender

  3. Contact Number 1 800 929 0625 • Properties • Residential Properties • Single-Family Structures • Multifamily Structures • Nonsidential Properties • Commercial • Farm

  4. II. Primary Mortgage Market • Mortgage Origination • Mortgage Originators • Savings and Loans • Savings Banks • Commercial Banks • Credit Unions • Mortgage Banks • Life Insurance Companies • Pension Funds

  5. Mortgage Payment Calculator • Origination Process • Application • Criteria • Payment-to-Income Ratio (PTI) The ratio of monthly payment to monthly income. • Loan-to-Value Ratio (LTV) The ratio of the amount of the loan to the market (or appraised) value of the property. • Credit Scoring • Commitment Letter to the Applicant

  6. III. Secondary Mortgage Market • Conduits • Federally Sponsored Agencies Federal Home Loan Mortgage Corporation Federal National Mortgage Association • Private Institutions Residential Funding Corporation GE Capital Mortgage Services Countrywide Prudential Home Mortgage

  7. IV. Mortgage-Backed Securities • Mortgage-Backed Bonds • FNMA • Freddie Mac • Pass-Throughs: Government guaranteed mortgages • GNMA • Privately Issued Pass-Throughs (PIPs)

  8. Participation Certificates (PCs): Conventional mortgages pooled by Freddie Mac • Collateralized Mortgage Obligations (CMOs)

  9. Thank You

More Related