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2. Home mortgage interest deduction - Wikipedia

   en.wikipedia.org/wiki/Home_mortgage_interest...

   A home mortgage interest deduction allows taxpayers who own their homes to reduce their taxable income [1] by the amount of interest paid on the loan which is secured by their principal residence (or, sometimes, a second home). The mortgage deduction makes home purchases more attractive, but contributes to higher house prices.

3. Community Reinvestment Act - Wikipedia

   en.wikipedia.org/wiki/Community_Reinvestment_Act

   The Community Reinvestment Act (CRA, P.L. 95-128, 91 Stat. 1147, title VIII of the Housing and Community Development Act of 1977, 12 U.S.C. § 2901 et seq.) is a United States federal law designed to encourage commercial banks and savings associations to help meet the needs of borrowers in all segments of their communities, including low- and moderate-income neighborhoods.

4. Mortgage calculator - Wikipedia

   en.wikipedia.org/wiki/Mortgage_calculator

   Mortgage calculators are frequently on for-profit websites, though the Consumer Financial Protection Bureau has launched its own public mortgage calculator. [ 3 ] : 1267, 1281–83 The major variables in a mortgage calculation include loan principal, balance, periodic compound interest rate, number of payments per year, total number of payments ...

5. Income requirements to qualify for a mortgage - AOL

   www.aol.com/finance/income-requirements-qualify...

   You can use many different income sources to qualify for a mortgage, including: Employment income : Base pay or wages, bonuses, commissions, overtime payments and self-employment income

6. Guide to first-time homebuyer loans and programs - AOL

   www.aol.com/finance/guide-first-time-homebuyer...

   To qualify for many first-time buyer loan programs, you’ll need to take a course. If you’re obtaining a conventional loan, you might be able to take the Fannie Mae HomeView online class to ...

7. Mortgage recasting: What it is and how it works - AOL

   www.aol.com/finance/mortgage-recasting-works...

   You can estimate your new monthly payment after the recast with the help of our amortization schedule calculator. Say, for example, your 30-year mortgage carries a balance of $200,000 at a 5 ...