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2. The Quick Way to Determine Your House Payment - AOL

   www.aol.com/news/2013-02-25-calculate-house...

   This is the maximum house payment you can qualify for, then simply equate what the monthly payment is relative to how much you can borrow based upon using $725 per month for every $100,000. Other ...

3. Do you qualify for homebuyer assistance? You might — even if ...

   www.aol.com/finance/can-i-qualify-for-homebuyer...

   Yes, many homebuyer assistance programs are for first-time buyers, but they tend to use a liberal definition of "first time." Both the IRS and the Department of Housing and Urban Development (HUD ...

4. 10 Things You Must Do Before You Put a Down Payment on a House

   www.aol.com/10-things-must-put-down-110031327.html

   “Make payments on rent, loans and credit cards on time, keep your spending to below 30% of your credit limit, pay off balances to free up credit and check your credit report for errors,” she said.

5. Mortgage burning - Wikipedia

   en.wikipedia.org/wiki/Mortgage_burning

   Mortgage burning. Mortgage burning was a twentieth-century custom in the United States of America (U.S.A.) that was the ritual incineration of the promissory note (mortgage) upon satisfaction of the payment schedule by the purchaser (debtor, or mortgagor). This ritual was performed to celebrate the release of the debtor from further payment ...

6. Mortgage - Wikipedia

   en.wikipedia.org/wiki/Mortgage

   Mortgage. A mortgage loan or simply mortgage (/ ˈmɔːrɡɪdʒ /), in civil law jurisdictions known also as a hypothec loan, is a loan used either by purchasers of real property to raise funds to buy real estate, or by existing property owners to raise funds for any purpose while putting a lien on the property being mortgaged.

7. Letter of credit - Wikipedia

   en.wikipedia.org/wiki/Letter_of_credit

   Image 1: After a contract is concluded between a buyer and a seller, the buyer's bank supplies a letter of credit to the seller. Image 2: The seller consigns the goods to a carrier in exchange for a bill of lading. Image 3: The seller provides the bill of lading to the bank in exchange for payment. The seller's bank then provides the bill to ...