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  2. 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.

  3. Mortgage calculator - Wikipedia

    en.wikipedia.org/wiki/Mortgage_calculator

    Mortgage calculators are automated tools that enable users to determine the financial implications of changes in one or more variables in a mortgage financing arrangement. Mortgage calculators are used by consumers to determine monthly repayments, and by mortgage providers to determine the financial suitability of a home loan applicant. [2]

  4. Bank of America Home Loans - Wikipedia

    en.wikipedia.org/wiki/Bank_of_America_Home_Loans

    Bank of America Home Loans. Bank of America Home Loans is the mortgage unit of Bank of America. It previously existed as an independent company called Countrywide Financial from 1969 to 2008. In 2008, Bank of America purchased the failing Countrywide Financial for $4.1 billion.

  5. What are guaranteed mortgage loans? - AOL

    www.aol.com/finance/guaranteed-mortgage-loans...

    With a guaranteed mortgage, the third party guarantees, or agrees to be responsible for, some or all of the loan if the borrower defaults. The guarantor might extend the guarantee to all or a ...

  6. Home equity loan vs. HELOC: Which is best for borrowing ... - AOL

    www.aol.com/finance/home-equity-loan-vs-heloc...

    Credit score of 680 or higher. Generally, the higher the score, the lower your interest rate will be. Debt-to-income ratio of up to 43%. Your DTI is how much debt you have compared to how much you ...

  7. Mortgage industry of the United States - Wikipedia

    en.wikipedia.org/wiki/Mortgage_industry_of_the...

    The mortgage industry of the United States is a major financial sector. The federal government created several programs, or government sponsored entities, to foster mortgage lending, construction and encourage home ownership. These programs include the Government National Mortgage Association (known as Ginnie Mae), the Federal National Mortgage ...

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