The IRC specifies "mainly secured" as either having "significantly all of the earnings of the responsibility - what is the interest rate today on mortgages. percentage of applicants who are denied mortgages by income level and race. utilized to get or to enhance or safeguard an interest in real property that, at the origination date, is the only security for the responsibility" or having a fair market price of https://www.timeshareanswers.org/blog/why-are-timeshares-a-bad-idea/ the interest that protects the obligation be at least 80% of the adjusted issue rate (typically the amount that is loaned to the debtor) or be at least that quantity when added to the REMIC - who took over abn amro mortgages - how to rate shop for mortgages.
