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Close Your Current Mortgage Loan

Posted on March 31, 2016 at 8:00 PM Comments comments (0)

When you decide to refinance a mortgage loan, you have to pay out the existing loan in order to move forward. And most mortgage contracts will have stipulated the terms of a payout especially regarding the fees and penalties associated with closing the loan. Once you are ready to close your new deal, the new lender will require you to get a "payout" figure or statement from the existing lender. The statement will list all the outstanding fees, the amount of the mortgage owed, and anything els...

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Home Mortgage Tips That Can Help You Out

Posted on April 26, 2015 at 3:10 AM Comments comments (0)

One of the most important decisions you make is buying a home and you want to know what you are doing. If you rush head first into a loan without educating yourself about them first, you can cause yourself big financial trouble. Continue reading to learn more about the mortgage process and getting the best rates.

 

If a 20% down payment is out of your league, do some shopping around. Different banks will have different offers for you to consider. Terms and rates will vary at ...

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