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Mortgage Terms – Define Mortgage Industry Terms for Home. – Condition in a mortgage that gives the lender the right to require immediate repayment of the loan balance if regular mortgage payments are not made or for breach of other conditions of the mortgage.

Learn How to Apply for a Mortgage and What You'll Need – Bank of America how to apply for a mortgage, applying for a home loan, applying for a mortgage. Your lender may require more documents, depending on your circumstances and the type of mortgage for which you’re applying.

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What to Know When Applying for a Mortgage Loan as a Couple. – For that matter, here are three things to know when applying for a home loan as a couple. 1. Understand the way lenders handle different credit.

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Home Loan | Compare Home Loan Rates As Low As 3.0 % – types of borrowers. The 30-year fixed-rate mortgage is the most common type of loan used for home purchases. It offers a combination of low monthly payments, because they’re stretched out over 30 years, and predictability, because the rate is locked in for the life of the loan.

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