A mortgage is a loan that is secured by real property (land, buildings).
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Is it possible to get a loan when you own a significant portion of a business that is taking investment?
My wife and I collectively own more than 25% of a company that has taken over a million in investment from other investors for the purpose of growth. Our home loan is currently at 6.5%, and so we ...
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New construction closing in a year; how can I lock in mortgage rate?
I've just contracted for a new house in Florida to be built. The closing won't occur for approximately a year. Is there a way to lock in a mortgage interest rate for so long in the future? It will ...
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Which scenario is better for getting rid of mortgage insurance faster?
I'm closing on a house in a few days with an FHA loan that has a hefty mortgage insurance. As I understand it, once I reach 78% loan-to-value of the initial sales price or appraised value of the home ...
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Can I work with two or more mortgage brokers at the same time?
When searching for a home loan, can I get two or more mortgage brokers to search for the best rate for me and at the end just choose the one that found the best rate?
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Personal “Profit & Loss Statement” required for mortgage?
I am purchasing a house and have finished most of the process. My mortgage application has been approved pending some documents; all of these documents are typical except for "Profit & Loss ...
