Topic: Mortgage Terms

Mortgage Terminology

There are many words that we use to describe everything from how a loan matures to various documents and programs that may be unfamiliar to you. I will explain some of the terms that we use most often in mortgage...

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Understanding Adjustable-Rate Mortgages – Part Two

Adjustable-rate mortgages (or ARMs) are great programs for the right borrowers. They can offer more flexibility than fixed-rate mortgages, and today’s ARMs have reasonable adjustment caps built in to protect borrowers against rates increasing too much when they do adjust....

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