A mortgage loan, or simply mortgage, is used either by purchasers of real property to raise funds to buy real estate, or alternatively by existing property owners to raise funds for any purpose, while putting a lien on the property being mortgaged. The loan is "secured" on the borrower's property through a process known as ...
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Jun 30, 2017 ... A low credit score signals that lending to you is risky, which means a higher interest rate on your home loan. The higher your credit score and the more on- time payments you make, the more power you'll have to negotiate for better rates with potential lenders. Generally, if you have a score under 580, you'll ...
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