Articles Written by Richard Evans From Isnare.com http://www.isnare.com/?s=author&a=Richard+Evans Financial Terminology: Jargon Buster F - L Finances Richard Evans Wed, 22 Mar 2006 00:00:00 -0800 http://www.isnare.com/?aid=40353&ca=Finances F 1. Fraudulent application An application where false information has been used to illegally obtain a loan. 2. Flexible repayment Allows you to vary monthly payments to fit temporary changes in your circumstances. You can pay off some of the loan amount in months where you have excess cash (for exa... Financial Terminology: Jargon Buster M - R Finances Richard Evans Wed, 22 Mar 2006 00:00:00 -0800 http://www.isnare.com/?aid=40358&ca=Finances M 1. Mortgage A mortgage is a loan taken out in order to buy a home. The property that you buy is the security against which your repayments are held, so if you don't repay the loan, the home is repossessed. 2. Mortgage term The period of time over which the mortgage loan is to be repaid. N 1. Negat... Financial Terminology: Jargon Buster A - E Finances Richard Evans Wed, 15 Mar 2006 00:00:00 -0800 http://www.isnare.com/?aid=40339&ca=Finances A 1. Account holder The person who has a personal loan account. 2. Advance The mortgage loan itself is called the advance. 3. APR (Annual Percentage Rate) An interest rate designed to show you the total annual cost of getting credit. It should include all the interest and charges payable by you as a... Financial Terminology: Jargon Buster S - Z Finances Richard Evans Tue, 14 Mar 2006 00:00:00 -0800 http://www.isnare.com/?aid=40360&ca=Finances S 1. Self-certification Should your income be difficult for a lender to assess through normal methods, you may need a self-certification mortgage. If you receive high bonuses, or work seasonally or on commission, or are self-employed this may be your only option. You will declare your income, usuall... Young, Self Employed, No Accounts And No Savings. How Did I Get A Mortgage? Finances Richard Evans Wed, 01 Mar 2006 00:00:00 -0800 http://www.isnare.com/?aid=37619&ca=Finances I was having considerable problems getting a mortgage to buy my first home about four years ago. If I was to believe everything I had heard, I was the ideal candidate for a mortgage - young, a first-time buyer and with an annual income of about £30k. Easy! No, not easy, actually. Being young with a...