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A mortgage is the method of using property as security for the performance of an obligation, usually through the repayment of a debt, known as a Mortgage Loan. A home buyer can typically obtain financing (a loan) either to purchase or secure against the property from a financial institution, such as a bank, either directly or indirectly through intermediaries. Features of mortgage loans such as the size of the loan, maturity of the loan, interest rate, method of paying off the loan, and other characteristics can vary considerably.
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Information on mortgage loans available to our home Buyers or potential home Sellers. Click here. Buyers, Sellers, Renters, Investors - check out our Resource Center to learn more information about different options available. |
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