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Provided below is a list of calculators to assist you with your financial matters.
# Loan Calculator
# Refinancing Calculator
# APR Calculator
# Closing Costs Calculator
# Rent versus Buy Calculator
# Seller's Proceeds Calculator
# Loan Spread Calculator
# Cashflows Calculator
# Future Values of Savings
# Pay off or Invest
# Loan Comparison
Quickly calculates the monthly payment, total amount of interest paid, total paid and cost of points for a fixed rate mortgage loan.:
FULL DOC AND STATED INCOMEFull Doc
A full doc loan is one that requires that the borrower present all necessary documents, including income verification to be considered for the home loan. This type of loan usually offers lower rates because it is less risky for the lender. On the other hand, if you are self employed you may not have all of the required documents and should look into a stated income loan.
Stated income home loans allow those who are self employed or do not have documentation of earned wages to state a wage on the mortgage application and qualify for a mortgage, based on that stated income. The advantages of a stated income home loans allow those who are self employed or do not have documentation of earned wages to state a wage and qualify for a mortgage based on that stated income. The advantages of a stated income loan are that the borrower does not need to verify income and approval is generally faster than with traditional home loans. The disadvantages of this type of loan are that interest rates and the required down payments are often higher than with traditional home loans.
EASY TWO STEPS QUICK APPLICATION FORM
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