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  HOME ABOUT US FAQ RESOURCE CENTER CONTACT US LOCATE MORTGAGE LENDERS January 06, 2009

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Mortage Terms


  > Loan
Money borrowed that is usually repaid with interest.
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  > Freddie Mac Federal Home Loan Mortgage Corporation
A federally-chartered corporation that purchases residential mortgages securitizes them and sells them to investors this provides lenders With funds for new homebuyers.
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  > Loss mitigation
A process to avoid foreclosure the lender tries to help a borrower who has been unable to make loan payments and is in danger of defaulting on his or her loan
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Did You Know?    
 
 
Smaller Down Payments
Down Payments and Private Mortgage Insurance Some lenders require 20 percent of the home's purchase price as a down payment. However many lenders now offer loans that require less than 20 percent down—sometimes as little as 5 percent on conventional loans. If a 20 percent down payment is not made lenders usually require the home buyer to purchase private mortgage insurance PMI to protect the lender in case the home buyer fails to pay. When government-assisted programs such as FHA Federal Housing Administration VA Veterans Administration or Rural Development Services are available the down payment requirements may be substantially smaller.

 

 
   About Louisville Mortgage Lenders. com

Who is Louisville Mortgage Lenders.com ?

Louisville Mortgage Lenders.com is the only exclusive Mortgage-Lender directory online. Not only do we offer this unique service as an exclusive listing for mortgage lender across the country, we also provide news articles from around the nation. Louisville Mortgage Lenders.com 's resource center includes a user-friendly interface, frequently asked questions, statistical data, and a 24-hour emergency assistance program. We provide content that is important to any potential user searching for a mortgage lender. We consider ourselves a one-stop-Mortgage Lender-shop.

How does Louisville Mortgage Lenders.com work?

Our philosophy is simple. We use an exclusive user-friendly zipcode program to eliminate the competition between mortgage brokers around the country. For example, when a potential client is on Google and he enters a keyword phrase, he will then see our paid sponsorship or organic results with Google. The potential client can then click on our banner ad to be routed directly to our homepage. Once at our homepage, the potential client will then be prompted to enter their zipcode for immediate assistance. The zipcode program leads potential clients to only one mortgage lender exclusive listing. Our clients are featured on Louisville Mortgage Lenders.com with a website designed professionally by swidigital.com, a full service multimedia and advertisement company.

How do potential clients find Louisville Mortgage Lenders.com ?

We use our in-house search engine visibility team that specializes in regional and national marketing strategies by placing high profile keywords & content with major search engines and online directories.

Our exclusive marketing strategy has already produced tremendous results. The internet is quickly becoming the future for mortgage lender across the country, and will continue to grow as the first source of contact.

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Contact our Louisville Mortgage Lenders


If you live in the following cities and need a mortgage lender you should contact our Louisville mortgage lender as soon as possible:

  • Ashland
  • Bardstown
  • Berea
  • Bowling Green
  • Campbellsville
  • Corbin
  • Covington
  • Danville
  • Elizabethtown
  • Erlanger
  • Florence
  • Frankfort
  • Ft Mitchell
  • Georgetown
  • Glasgow
  • Henderson
  • Hopkinsville
  • Latonia
  • Lexington
  • Louisville
  • Madisonville
  • Mayfield
  • Morehead
  • Murray
  • Newport
  • Nicholasville
  • Owensboro
  • Paducah
  • Pikeville
  • Radcliff
  • Richmond
  • Shelbyville
  • Shepherdsville
  • Versailles
  • Winchester
       
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Louisville Audio & Video    
 
  Brokers Urge New Scale For Jumbo Mortgages
Audio, RM, 48 Kbps, 2:58:00 AM, 8/19/2005

Reporter Scott Horsley reports on federally sponsored underwriters Fannie Mae and Freddie Mac back mortgages up to $369,000. Without federal underwriting, home buyers pay a higher interest rate.
Source: National Public Radio
 
 
Louisville External Sites    
 
 

INSTRUCTIONS FOR COMPLETION OF APPLICATION FOR MORTGAGE
KENTUCKY MORTGAGE BROKERS ASSOCIATION - JON MCCAIN, 502-223-4840 ... MORTGAGE BROKERS ONLY – A PHYSICAL LOCATION IN KENTUCKY IS REQUIRED AND NO POST

 


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The information provided on Louisville Mortgage Lenders.com is not intended to be mortgage advice, but merely conveys general information related to mortgage issues commonly encountered.

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