Are you considering your next mortgage move? Here are the mortgage 101 basics that you need to know to make the best decision. Amortization period The amortization period refers to the number of years it will take to pay off your mortgage through regular payments. Most mortgages are amortized over 25 years, but they can...
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A mortgage broker or agent manages the process for you by applying for loans with different lenders to find the best solution and product while negotiating terms. In the old days, when getting a mortgage, you would probably walk into your bank and ask for a mortgage, and if you were offered a mortgage, you’d...
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