Difference Between High Risk Loans and Prime Loans
Below you will find reasons why it is always better to be able to get into a Prime or A paper loan as opposed to settling on a Subprime or High Risk Loan. Probably the number one reason a borrower
http://www.brokeroutpost.com/reference/117702.htm (Updated: 09/06/2007)

What is an ALT A Loan?
An ALT A loan is a term used from lenders and mortgage brokers for loans that are not usually the A Paper best rate loan, nor are they the subprime loan with very high interest rates. ALT A loans are
http://www.brokeroutpost.com/reference/149510.htm (Updated: 08/31/2007)

Fannie Mae Expanded Approval Loans
Many borrowers who fall just short of qualifying for a traditional "A Paper" loan can qualify for for a loan through Fannie Mae's Expanded Approval loan program. The Fannie Mae Expanded Approval prog
http://www.brokeroutpost.com/reference/147960.htm (Updated: 08/03/2007)
Related Reference Topics: [fannie mae, ea 1, ea 2, expanded approval]

Economic Data and Mortgage Rates
Each day, Prime or A paper mortgage rates tend to fluctuate a little bit. There is a positive correlation between the change in mortgage rates and the yield of the 10 year Treasury Bond. Each day ec
http://www.brokeroutpost.com/reference/144486.htm (Updated: 07/23/2007)
Related Reference Topics: [rates, mortgage, prime, leading indicators]

Conforming Loan
A conventional mortgage that conforms to the loan amounts and mortgage guidelines used by the Federal National Mortgage Association (FNMA or "Fannie Mae"), and or the guidelines of The Federal Home Lo
http://www.brokeroutpost.com/reference/65140.htm (Updated: 11/08/2006)
Related Reference Topics: [conforming, agency, a paper, prime]