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  2. FHA vs. conventional loans: What’s the difference? - AOL

    www.aol.com/finance/fha-vs-conventional-loans...

    The two most popular kinds of mortgages are conventional loans and FHA loans. They have substantial differences in loan limits, mortgage insurance terms and conditions, and debt-to-income maximum ...

  3. Understanding Home Loans - Mortgages 101 - AOL

    www.aol.com/news/2010-11-15-mortgages-101.html

    Video Transcript for Hearing Impaired Getting a mortgage can be a complex process, especially for a first-time home buyer. When you're looking at your loan options, you'll want to find out the ...

  4. Mortgagor vs. mortgagee: What’s the difference? - AOL

    www.aol.com/finance/mortgagor-vs-mortgagee...

    The mortgagee is the lender originating and providing funds for mortgages, whether to help a borrower buy a home or refinance to a new loan. The lender or mortgagee could be a bank, credit union ...

  5. Mortgage - Wikipedia

    en.wikipedia.org/wiki/Mortgage

    A mortgage loan or simply mortgage (/ ˈ m ɔːr ɡ ɪ dʒ /), in civil law jurisdictions known also as a hypothec loan, is a loan used either by purchasers of real property to raise funds to buy real estate, or by existing property owners to raise funds for any purpose while putting a lien on the property being mortgaged.

  6. Mortgage bankers: Who they are and what they do in home ... - AOL

    www.aol.com/finance/mortgage-bankers-home...

    The difference between a mortgage banker versus a loan officer might not be as obvious. All mortgage bankers are loan officers, but not all loan officers are mortgage bankers.

  7. Home equity loan - Wikipedia

    en.wikipedia.org/wiki/Home_equity_loan

    Home equity loans come in two types: closed end (traditionally just called a home-equity loan) and open end (a.k.a. a home equity line of credit (HELOC)). Both are usually referred to as second mortgages, because they are secured against the value of the property, just like a traditional mortgage. Home equity loans and lines of credit are ...

  8. Personal loan vs. home equity loan: Which should you use for ...

    www.aol.com/finance/personal-loan-vs-home-equity...

    A cash-out refinance is a type of mortgage loan that replaces your current mortgage with a new, larger mortgage and allows you to take out the difference between them as cash, effectively ...

  9. The truth about no-appraisal home equity loans: What ... - AOL

    www.aol.com/finance/what-is-a-no-appraisal-home...

    Qualifying for a home equity loan typically requires a minimum of 15% to 20% equity in your home after first and second mortgages are accounted for, a credit score of at least 620 (although higher ...

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