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Mortgage Basics 101

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Mortgages 101: Here Are the Basics You Need To Know – Mortgages 101: Here Are the Basics You Need To Know. December 15, 2016.. Stash Learn Weekly. This post is brought to you by Morty, the world’s first fully digital, fully automated mortgage marketplace. By Erica Bentley.

Mortgage Basics - Mortgage 101 Loan Officer Training – 101 Mortgage Training – 101 Mortgage Training teaches the who, why, and what’s of the Mortgage Industry. To truly be a great loan officer you have to understand these complex situations. Every client is different and unique with a whole set of new wants and needs. 101 Mortgage Training also teaches ethics a very important piece of building new loan officers conscience.

Mortgage insurance is an insurance policy that protects a mortgage lender or title holder in the event that the borrower defaults on payments, dies or is otherwise unable to meet the contractual.

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Mortgage Basics – Mortgage 101 – Angstrom Tools –  · Mortgage basics what is a mortgage a mortgage alone to finance the purchase of your home consists of five parts collateral your principal and interest payments taxes and insurance when you agree to a mortgage you enter into a legal contract promising to repay the loan plus interest and other costs your home is collateral [.]

Refinance 101 – Basics to Refinancing – Discover – Refinance 101. Determining if refinancing your home loan is right for you. Refinancing a mortgage can potentially save a home owner a substantial amount of money over the life of a home loan. However, when considering refinancing, be sure to take into account the upfront costs.

A final option is lender-paid mortgage insurance (LMPI) where the cost of the PMI is included in the mortgage interest rate for the life of the loan. Therefore, you may end up paying more in interest.