Roanoke Mortgage Refinance and Information Online from competing Lenders

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Loan-modification program could help Countrywide customers avoid ... - Fort Worth Star-Telegram
Financially troubled North Texas homeowners with Countrywide loans could avoid foreclosure and refinance to lower mortgage payments under a deal struck with attorneys general in seven states. "This isn’t going to solve all mortgage-related problems ...

Bankruptcy court OKs sale of Baugher - News-Virginian
HARRISONBURG — A federal bankruptcy judge approved the sale Monday of longtime Waynesboro car dealership Baugher Chevrolet-Buick to Obaugh Chevrolet-Buick, owned by Staunton auto dealer Charlie Obaugh. Chip Magee, the Roanoke attorney for the ...

October 2008 - ABC News Blogs
Four weeks out, what does it say that . . . Team McCain is hoping that Bill Ayers has one last bomb in him -- just enough to blow up the presidential race? . . . That it’s the McCain campaign that has to telegraph its intentions to keep the base ...

HelloLender.com a Mortgage Lead Generation Company Exposes Why Filling ... - PRWeb
The HelloLender.com "One Call One Lender" ™ concept was founded in early 2006 and started by a group of Mortgage Brokers and Consumers, with one goal in mind, creating a safer environment for loan officers to buy mortgage leads and for consumers to ...

Stephanopoulos: Connection With Voter Trumps Personal Attacks in Town ... - ABC News Blogs
ABC News' George Stephanopoulos reports: Presidential candidates John McCain and Barack Obama square off against each other tonight in their second presidential debate at Belmont University in Nashville, Tenn. Tonight's debate, moderated by NBC's Tom ...

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Bent Mountain Catawba Roanoke Vinton

Today's Mortgage Terms starting with P

  • Payment Cap: A limit on the size of the monthly payment of an adjustable-rate mortgage or other variable rate loan.
  • Point: A point is equivalent to 1 percent of a mortgage loan. Lenders might charge "origination points" to cover expenses of processing a loan. Some borrowers might pay "discount points" to reduce the loan's interest rate.
  • Pre-Approval: The process of calculating how much money a potential homebuyer could borrow.
  • Prepayment Penalty: A lender's charge to the borrower for paying down the loan before the end of its term.
  • Pre-Qualification: A non-binding process of calculating how much money a potential homebuyer can borrow before applying for a loan. Information submitted during pre-qualification is subject to verification at application.
  • Principal: It is the amount of money borrowed or owed, excluding interest.

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