Sentence examples for mortgage provided from inspiring English sources

The developers have obtained $75 million for the hotel, including a $43 million mortgage provided by five local lenders and an $8 million loan from the Department of Housing and Urban Development.

J. P. Morgan Chase, which holds the Isaacs' mortgage, provided $4,000 toward the closing through its closing cost assistance program, said Wesley A. Wainwright, a senior vice president for Chase's community development group.

If you have enough income to afford market-set mortgage interest rates and have saved enough of your income to put at least 20percentt of the home's value into a down payment, then you should be able to qualify for a mortgage provided by the private sector.

When paired with the note, the mortgage provides the lender with the collateral it needs to support the loan.

"Robo-signing," as the National Association of Attorneys General puts it, occurred when document signings by people in mortgage providing agencies contained procedural defects, such as signing outside of the presence of a notary public or signing without having the knowledge of the facts asserted in the documents.

Paying down my mortgage provides me with a guaranteed rate of return (unlike the stock market), and as a single homeowner, if I ever lose my job, I won't have to worry about my mortgage -- and the rent from upstairs will be more than enough to cover my household expenses.

The Fed also pledged another $800 billion to shore up distressed mortgages, provided $45 billion in assistance to Citigroup, and vowed further cuts to already-low interest rates.

For the time being, at least, they have prevailed.More surprising was the omission of another ambitious idea to allow the FHA to reinsure between 1m and 2m defaulted mortgages provided that lenders agree to sell them at a discount.

Home movers with little equity in their property are being offered a new range of 95% mortgages, provided they commit to making regular savings for at least six months.

Under Obama's plan, mortgages provided by private-sector lenders that are bundled into securities and sold to investors could obtain a taxpayer guarantee in return for a fee, according to the White House.

Capital repayment mortgages provide greater certainty and security for the borrower and the lender.