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关于Raymond
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Public Info > Mortgage Info
What is a mortgage?
A mortgage is a loan that uses a property as security to ensure that the debt is repaid. The borrower is referred to as the mortgagor, the lender as the mortgagee. The actual loan amount is referred t
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Mortgage Glossary
Additional interest: The amount sometimes charged by the bank when you prepay principal or renegotiate the terms of your mortgage. The amount compensates the bank for loss of revenue. Amortization: W
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Types of Mortgages
While a mortgage is fundamentally a loan that is secured against your home, there are many variations to the type of mortgage that can be used for various needs. Based on your goals and risk character
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Choosing a Mortgage Term
Before you look at the issue of term specifically, there are things you should consider: When you’re looking at term and interest rates, look also at what you can live with in terms of payment amount
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mortgage application steps
The loan and mortgage process is a stressful and sometimes frustrating process. The idea is to make the entire process go as smoothly as possible. What is most important? Be prepared before you sit do
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Mortgage application tips
· If the payments are about the same, you will be further ahead financially by making payments on a mortgaged home rather than paying rent on a h
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