54. HOW DO I CHOOSE THE BEST LOAN – PROGRAM FOR ME?
Your personal situation will determine the best kind of loan for you. By asking yourself a few questions, you can help narrow your search among the many options available and discover which loan suits you best.
Do you expect your finances to...
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Mortgages: Finding The Right Loan For You
First Steps To Obtaining A Mortgage: Your Credit
47. WHAT STEPS NEED TO BE TAKEN TO SECURE A LOAN?
The first step in securing a loan is to complete a loan application. To do so, you’ll need the following information.
Pay stubs for the past 2-3 months
W-2 forms for the past 2 years
Information on long-term debts
Recent...
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Financing Questions: Mortgage Basics
33. WHAT IS A MORTGAGE?
Generally speaking, a mortgage is a loan obtained to purchase real estate. The “mortgage” itself is a lien (a legal claim) on the home or property that secures the promise to pay the debt. All mortgages have two features in common: principal and interest.
34. WHAT IS A LOAN TO VALUE...
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