Question: what is the difference between a conventional loan and an insured mortgage loan? what is the loan-to-value ratio? what service does a private mortgage insurance

  1. what is the difference between a conventional loan and an insured mortgage loan?
  2. what is the loan-to-value ratio?
  3. what service does a private mortgage insurance company provide?
  4. who are the major investors in the secondary mortgage market?
  5. what does it mean to pay a mortgage loan in arrears?
  6. what is the difference between a fully amortized loan and a straight-line amortized loan?
  7. what is a balloon payment?
  8. what is a negative amortization loan?

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