Additional costs you may incur
include realtor 's fees, property taxes and homeowner's insurance. If your credit is less-than-perfect,
there are legitimate mortgage companies that will approve your loan.

cancellation owning

, The Financial Institutions Group
of InterFirst Wholesale Mortgage Lending, a division of ABN AMRO Mortgage
Group, Inc.
"The addition of purchase money second mortgage products or piggyback
second mortgages for refinances to InterFirstlink 's product suite provides
convenience for community bank customers and helps community banks effectively
compete for first mortgage business," said Michael Griffith, ABN AMRO Mortgage
Group senior vice president and Financial Institutions Group group manager.com offers community banks different Web site
options to manage the online loan process, including a private label mortgage
loan application site and an in-house Web-based loan system. It has over 3,000 branches in
more than 60 countries and territories, and has a staff of about 97,000 full-
time equivalents worldwide. Lenders will look at how much of your
income will go toward the mortgage payment and how much will go toward
other debts.

equity listeners

InterFirstlink. Information
on InterFirst's Financial Institutions Group is available at
http://www.
"SplitEdge reflects Radian's continued commitment to bring innovative,
valuable products and solutions to the nation's housing market," said Doug
Rossbach, Radian's senior vice president, Strategic Initiatives.
If you are interested in home ownership, your first step should be
to perform a financial check-up. MMI helps consumers trim their expenses,
develop a spending plan and repay debts.

loan ftc

The
programs are eligible with all of InterFirstlink's full documentation first
lien loans. ABN AMRO Mortgage Group produces mortgage
loans and provides related services through its various divisions.
Netherlands-based ABN AMRO is a leading international bank with total
assets of EUR 742. For
example, assuming a home sale price of $254,756 with a 5% downpayment , a 6%
rate, and 1% upfront MI premium payment, a homebuyer can lower the monthly MI
payment to $44 from $157 when compared with traditional borrower-paid mortgage
insurance."

About Radian Guaranty Inc.

beware complicated

Closed-end fixed rate (program 410) and closed-end balloon
(program 411) programs are now available through InterFirstlink, a Web-based
system that enables community banks to offer industry-leading mortgage
products and services to consumers in their local markets.

About ABN AMRO N.
However, they will probably require a larger down payment than normal
and will charge a higher interest rate.
Services are available in English or Spanish.

pitfalls refinancing

The second mortgage products offered through InterFirstlink provide a
competitive advantage for community banks.
To make the most of your investment, the experts at Money
Management International (MMI) encourage you to avoid some common and
costly mortgage mistakes:
Confusing the terms "qualify" and "afford.

loan borrower

, recently expanded its InterFirstlink program to include second
mortgages.com provides community bank customers with a complete,
bank-branded Web site that delivers online mortgage services and home loan
information.
ABN AMRO Mortgage Group is one of the largest loan originators and loan
servicers in the United States.

Business Editors

HOUSTON----June is National
Homeownership Month and last year there were a record number of new
home sales, a record number of sales of existing homes, and record
levels of homeownership (Source: Census Bureau and HUD).
Unfortunately, there are still many people who never achieve the dream
of homeownership, simply because they fail to implement a plan that
prepares them for buying a house. For a typical government backed loan from the Federal
Housing Administration (FHA) or the Veterans Administration (VA), the
lender likes to have about 33% of your gross income available for a
mortgage payment, which includes principal, interest, insurance , taxes
and assessments.org

predatory guttentag

ABN AMRO
Mortgage Group has approximately 3,000 employees located throughout the United
States.

lending refinancing

"Community banks will benefit from this addition to InterFirstlink; second
mortgage products are incredibly marketable and attract a variety of
customers.InterFirstlink . Also, by making mortgage insurance a more-affordable way to
get a mortgage, SplitEdge represents a less-expensive alternative to other
solutions such as piggyback loans.

June is National Homeownership Month: MMI Warns Consumers Against These Common Mortgage Mistakes

In addition, it will take much longer to
build equity.

owning complicated

"
InterFirstlink's closed-end fixed-rate program (410) includes 10 - and
15-year fixed-rate options.com or by calling 800-770-1673. We're also helping borrowers
save money on the interest paid over the life of a piggyback. Radian Guaranty provides risk management products and services
to mortgage lenders nationwide; these services increase opportunities for
people to buy homes with little or no downpayment, protect lenders from
default-related losses on residential first mortgages and facilitate the sale
of low-downpayment mortgages in the secondary market. For
example, while a 40-year mortgage may offer a slightly lower monthly
payment than a 30-year mortgage , you end up paying more in interest
over the life of the loan.

pitfalls freddie

InterFirstlink.

unscrupulous borrowers

InterFirstlink enables financial
institutions to establish a mortgage operation without increasing staff or
other resources, while retaining brand identity with customers.

mortgages borrower

Radian's SplitEdge(SM) Enables Homebuilders to Reduce Homebuyers' Monthly Mortgage Insurance Payments

"It can be
incorporated into the overall MI balance to lower the homebuyer's monthly MI
payment or to help them qualify for a higher-value home.

ftc loan

ANN ARBOR, Mich. By sharing the
MI cost, homebuilders can help homebuyers get the house they really want. In addition to enabling homebuyers to make lower monthly MI
payments , SplitEdge can help them qualify for larger loan amounts and,
therefore, higher value homes.
Although the product initially caters to the business needs of
homebuilders, SplitEdge allows any approved third party -- including lenders,
credit unions, homebuilders, even family members -- to provide the upfront
payment toward the MI premium. When comparing mortgage loan
products , it is important that you look at the big picture.

borrower owning

InterFirstlink is a comprehensive mortgage lending program that
provides a simple, Web-based loan origination system, processing, regulatory
compliance , and marketing support.
Traditionally, homebuyers with less than a 20% downpayment purchase
mortgage insurance in order to secure a mortgage loan.

borrowers guaranty

About ABN AMRO Mortgage Group, Inc." When determining how
much home you can afford, remember that your mortgage payment, plus
your ongoing debt, should be no more than 41 percent of your gross
income, or you might be overextending yourself financially. For
example: gross monthly income of $2,000 multiplied by 41 percent
equals $820 .

owning freddie

V. With SplitEdge,
homebuilders can provide homebuyers with a one-time, refundable upfront MI
payment -- which can be .00%, or 1."
SplitEdge meets the needs of homebuyers who are purchasing new
construction , have a zero to low downpayment, have average or above-average
credit, and who are looking for ways to lower their monthly payments. is the mortgage insurance subsidiary of Radian Group
Inc. (NYSE: RDN), a global credit enhancement company headquartered in
Philadelphia.
Underestimating the true cost of homeownership.

About Money Management International

Money Management International (MMI) is a non-profit, full-service
credit counseling agency, providing confidential financial guidance ,
financial education, counseling and debt management assistance to
consumers for over 47 years . Counseling is available by
appointment in branch offices and 24/7 by telephone and Internet.

scams cancellation

that lets
homebuilders reduce a homebuyer's monthly mortgage insurance (MI) payment.

hud pitfalls

In today's increasingly competitive new-housing market, homebuilders are
using a number of strategies to gain customers, including discounts, upgrades,
amenities, and a host of other concessions.

borrowers borrower

InterFirstlink 's New Second Mortgage Products Help Community Banks Increase First Mortgage Business Attract New Customers

The products can assist borrowers
by increasing cash proceeds to the borrower or to eliminate the need for
borrowers to obtain private mortgage insurance that, unlike mortgage interest
payments , cannot be deducted from their taxes. SplitEdge gives homebuilders
another concession for homebuyers , one that provides financial value for
months or years.moneymanagement.

owning equity

PHILADELPHIA, Homebuilders looking for
ways to grow their businesses and strengthen customer relationships can now
turn to SplitEdge(SM), a new product from Radian Guaranty Inc. "For
homebuyers, this creative mortgage insurance product eliminates the potential
risk of balloon payments associated with other mortgage loan options such as
80-10-10s and 80-20s, known as piggyback loans. It's a product that's
designed with the needs of a dynamic housing market in mind.
Shopping for a monthly payment.

Consumer information web sites relating to home loans.

reverse loan

Its closed-end balloon program (411) offers
mortgage loans with a 30-year amortization and a 15-year balloon. ABN AMRO is listed on the Euronext and New York
stock exchanges.

The homebuyer typically
pays for the insurance through monthly installments .75%, 1.25% of the total mortgage loan --
that significantly lowers the monthly MI installments that the homebuyer must
pay.
Radian Guaranty Inc. There are many
costs that are incurred by new homeowners, including up-front costs,
the down payment and closing costs.

pending listeners

"The upfront payment can come in the form of concessions from almost
anyone involved in the homebuying process ," said Rossbach. Additional information
may be found at http://www.

mortgages freddie

radian.biz.
In addition to your debt-to-income ratio, lenders also look at
your work and credit history. Therefore, it is wise to
improve your financial standing before you buy a house, even if it
takes some time and effort .

borrower mortgages

About the Financial Institutions Group of InterFirst Wholesale Mortgage
Lending
The Financial Institutions Group of InterFirst Wholesale Mortgage Lending
provides mortgage capabilities to community banks through its InterFirstlink
program.9 bln (as of March 31, 2005). Many
people are surprised by the little things you need to buy once you get
into the house, so creating a realistic budget is essential. To learn more, call
800-762-2271 or visit www.