Mortgage markets
Download
1 / 9

Mortgage Rates Comparison - PowerPoint PPT Presentation


  • 68 Views
  • Uploaded on

Mortgage Lowest Rate is one of the best mortgage services provider in Canada. We give home purchase, refinance, home equity, renewal, mortgage life insurance and other services. For more information visit our site today.\n

loader
I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.
capcha
Download Presentation

PowerPoint Slideshow about 'Mortgage Rates Comparison' - Simmoneliott


An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript
Mortgage markets

Mortgage Markets

Mortgage Lowest Rate


Contact number 1 800 929 0625
Contact Number 1 800 929 0625

  • Properties

    • Residential Properties

      • Single-Family Structures

      • Multifamily Structures

    • Nonsidential Properties

      • Commercial

      • Farm


Mortgage
Mortgage

  • Mortgage

    A pledge of property to secure payment of a debt.

  • Mortgagor: Borrower

  • Mortgagee: Lender


Ii primary mortgage market
II. Primary Mortgage Market

  • Mortgage Origination

    • Mortgage Originators

      • Savings and Loans

      • Savings Banks

      • Commercial Banks

      • Credit Unions

      • Mortgage Banks

      • Life Insurance Companies

      • Pension Funds


Mortgage payment calculator
Mortgage Payment Calculator

  • Origination Process

    • Application

    • Criteria

      • Payment-to-Income Ratio (PTI)

        The ratio of monthly payment to monthly income.

      • Loan-to-Value Ratio (LTV)

        The ratio of the amount of the loan to the market (or appraised) value of the property.

    • Credit Scoring

    • Commitment Letter to the Applicant


Iii secondary mortgage market
III. Secondary Mortgage Market

  • Conduits

    • Federally Sponsored Agencies

      Federal Home Loan Mortgage Corporation

      Federal National Mortgage Association

    • Private Institutions

      Residential Funding Corporation

      GE Capital Mortgage Services

      Countrywide

      Prudential Home Mortgage


Iv mortgage backed securities
IV. Mortgage-Backed Securities

  • Mortgage-Backed Bonds

    • FNMA

    • Freddie Mac

  • Pass-Throughs: Government guaranteed mortgages

    • GNMA

    • Privately Issued Pass-Throughs (PIPs)


Mortgage rates comparison


Thank you
Thank You pooled by Freddie Mac