Clarksburg Mortgage Rates and Information Online from competing Lenders

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A helping hand - Times West Virginian
FAIRMONT — Has your credit card debt gotten out of hand? Have doctor bills piled up? Or have you considered buying a home but need some education on the impending mortgage procedure? Then Consumer Credit of North Central West Virginia can help ...

First Financial Bank announces new employees, new positions. - Wabash Valley Journal of Business
Alan L. Badger has joined First Financial Bank as a vice president and agricultural lender. He will work with agricultural loan customers in Sullivan, Greene, Clay and Vigo counties from his office at the First Financial Sullivan banking center ...

Area car dealers say loans still available - Times West Virginian
FAIRMONT — According to local dealers, the national economy isn’t impacting the area’s automobile market, and car loans are still attainable. Jo Marie Pitrolo, dealer for Anthony Chevrolet Cadillac in Fairmont, said lending in the state is a ...

NTELOS Holdings Corporation Q3 2008 Earnings Call Transcript - Seekingalpha.com
Good day everyone and welcome to the NTELOS Holdings Corporation’s third quarter 2008 conference call. Today’s call is being recorded. At this time, I would like to turn the call over to the Director of Investor Relations, Mr. Wes Wampler. Please ...

Relearning the lessons of the Great Depression - Canton Repository
Seventy-nine years ago, the stock market crashed, touching off the beginning of the Great Depression. Many Americans lost their life savings. Despair drove some to suicide. Those who lived through it, watching their parents struggle, tell what life ...

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Today's Mortgage Terms starting with M

  • Margin: The percentage difference between the index for a specific loan and the interest rate charged. This is a number already set by the lender.
  • Market Value: The price at which a given property or product is transacted between a willing, unhurried buyer and a seller who know all the pertinent facts about the property.
  • Mortgage Banker: A financial institution who directly funds home loans, sells them to investors, arranges monthly payments and handles escrow. Some mortgage bankers sell their loans on the secondary market.
  • Mortgage Broker: A broker arranges financing for borrowers with a variety of lenders. A mortgage broker does not make the loan, but receives payments for its services.
  • Mortgage Insurance: It is insurance to protect the lender in case you default on your loan. With conventional loans, mortgage insurance is generally not required if you make a down payment of at least 20% of the home's appraised value. It is also known as PMI (Private Mortgage Insurance).
  • Mortgage Loan: A loan for which a specific real estate property serves as collateral to provide for repayment in case of default.
  • Mortgage Refinance: A refinanced mortgage is one in which a borrower pays down an old loan with a new loan. People who refinance a mortgage tend do so to get a lower interest rate, lowering their payments or to take cash out of their home equity.
  • Mortgagee: The lender in a mortgage loan relationship. Property is used as collateral to make payment.
  • Mortgagor: The borrower in a mortgage loan relationship. Property is used as collateral to make payment.
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