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  2. How to buy a house with bad credit - AOL

    www.aol.com/finance/buy-house-bad-credit...

    Source: myFICO Loan Savings Calculator. These numbers reflect an estimate generated at the time of writing with a calculator offered by FICO. If you want to plug your own information in and create ...

  3. How does a condo mortgage work? - AOL

    www.aol.com/finance/does-condo-mortgage...

    How to get a condo mortgage loan. ... 620 minimum credit score. Debt-to-income (DTI) ratio of no more than 36 percent. Condo unit must be your primary residence. FHA loan.

  4. Have a good credit mix: Mortgage lenders want to see you can balance revolving credit lines (credit cards) while also making timely payments on installment accounts (car, student, personal loans).

  5. 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 ...

  6. Amortization calculator - Wikipedia

    en.wikipedia.org/wiki/Amortization_calculator

    An amortization calculator is used to determine the periodic payment amount due on a loan (typically a mortgage), based on the amortization process.. The amortization repayment model factors varying amounts of both interest and principal into every installment, though the total amount of each payment is the same.

  7. Subprime lending - Wikipedia

    en.wikipedia.org/wiki/Subprime_lending

    Lenders' standards for determining risk categories may also consider the size of the proposed loan, and also take into account the way the loan and the repayment plan is structured, if it is a conventional repayment loan, a mortgage loan, an endowment mortgage, an interest-only loan, a standard repayment loan, an amortized loan, a credit card ...

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