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  2. What is a mortgage? A definitive guide for aspiring homeowners

    www.aol.com/finance/mortgage-definitive-guide...

    Mortgage insurance – Your monthly payment might also include a fee for private mortgage insurance (PMI). For a conventional loan, this type of insurance is required when a buyer makes a down ...

  3. Mortgage - Wikipedia

    en.wikipedia.org/wiki/Mortgage

    Budget loans include taxes and insurance in the mortgage payment; [10] package loans add the costs of furnishings and other personal property to the mortgage. Buydown mortgages allow the seller or lender to pay something similar to points to reduce interest rate and encourage buyers. [ 11 ]

  4. Mortgage application: What’s included and how to prepare - AOL

    www.aol.com/finance/mortgage-application...

    What is included in a mortgage application? The mortgage application is an individual’s formal request for funds to purchase a specific property. So the information it needs includes details ...

  5. Types of Mortgage Loans: What Homebuyers Need To Know - AOL

    www.aol.com/types-mortgage-loans-homebuyers-know...

    One cost VA buyers do pay is a funding fee, which is calculated on the loan amount. ... Mortgage types include conventional loans, including jumbo loans, and government-backed loans like FHA, VA ...

  6. Mortgage origination - Wikipedia

    en.wikipedia.org/wiki/Mortgage_origination

    The basic steps include Take application: this step is initiated by a borrower and results in an application to borrow money to purchase a real estate property that includes details of the mortgage product, property specifications, borrower information and supporting documentation. The application is filled out by the borrower, either through ...

  7. Mortgage note: What is it and how does it work? - AOL

    www.aol.com/finance/mortgage-note-does-211132255...

    The mortgage promissory note includes the borrower’s “promise to pay” the loan. It also lists the consequences should the borrower pay late or miss a payment, along with:

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