When applying for a mortgage, especially as a first-time home buyer, you may not be familiar with the terminology. Fear not, we’re here to help you understand some key mortgage terms, ultimately leading to a smoother home-buying experience. Take our quick 10-question quiz to test your knowledge – plus pick up plenty of tips along the way!
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Here’s what you need to know. to help prepare your repayment plan and get it approved by the court. There are limits to how much debt you can have. As of April 2019, those limits are $1,257,850 of.
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Mortgage Master-The Mortgage Master Program is content designed specifically for successful career entry. It is an in-depth study of loan program guidelines, the mortgage loan process and ethical and licensing standards for mortgage originators. This
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2. Go the Extra Mile to Educate Your Mortgage Lender. You need to be able to explain to your mortgage lender what you do for a living. Take the time to educate him or her about your job. Perhaps print out a news article or other information that will help a lender understand what you do. "You need to prove that your past two years are normal.
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