2023

Are you drowning with all the things that need your money? Learn how securing a loan can actually get you out of trouble. Click here for more information.

2023

Getting A Mortgage? Understand What The Following Jargon Means

19 June 2023
 Categories:
, Blog

There are a lot of terms used by mortgage lenders to describe their product, many of which are used for the first time with new home buyers. If you don't want your loan officer to feel like they are speaking a second language, it will help to know what the following jargon actually means.  Amortization Amortization is used to describe how a loan is gradually paid off over a period of time with regular installment payments.
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Last year, I was faced with a flood in my basement, a pending divorce, and a serious medical condition in the span of six months. In addition to being emotionally grueling, I didn't know how I was going to afford to pay for everything. I realized that I might have to start selling off possessions if I couldn't figure out what to do, so I decided to see about getting a loan. I was nervous, but it was actually a lot easier than I thought it would be. After I talked with the professionals, they helped me to secure a loan that got me out of trouble.

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