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  2. Mortgage lenders vs. banks: Which is best for you? - AOL

    www.aol.com/finance/mortgage-lenders-vs-banks...

    Aside from the differences in teh product slate, banks often have more overhead to support physical branch locations (versus a mortgage lender that operates solely online, for example) and ...

  3. Mortgage - Wikipedia

    en.wikipedia.org/wiki/Mortgage

    A mortgage loan or simply mortgage (/ ˈ m ɔːr ɡ ɪ dʒ /), 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.

  4. Reverse Mortgage, Home Equity Loan or Refinance? The ... - AOL

    www.aol.com/finance/reverse-mortgage-home-equity...

    Home equity is a valuable financial resource. By definition, it’s the difference between your home’s value and how much you owe on your mortgage. For example, if your home is worth $500,000 ...

  5. Mortgage bankers: Who they are and what they do in home ... - AOL

    www.aol.com/finance/mortgage-bankers-home...

    Servicing loans: Once the loan closes, your mortgage banker might also service your loan, meaning they manage the repayment process and assist you if you need help with repayment.

  6. Mortgage loan originators: What are they and what do ... - AOL

    www.aol.com/finance/mortgage-loan-originators...

    A mortgage loan officer isn’t always the same as a mortgage banker (though they work for one). The officer won’t make the decision to approve or deny you a loan; they just process it and ...

  7. Loan - Wikipedia

    en.wikipedia.org/wiki/Loan

    In a direct auto loan, a bank lends the money directly to a consumer. In an indirect auto loan, a car dealership (or a connected company) acts as an intermediary between the bank or financial institution and the consumer. Other forms of secured loans include loans against securities – such as shares, mutual funds, bonds, etc.

  8. Mortgage lenders vs. banks. Assessing and deciding which is ...

    www.aol.com/mortgage-lenders-vs-banks-assessing...

    For homebuyers seeking home loans, there are varying reasons to opt for a bank or a mortgage company. Mortgage lenders vs. banks. Assessing and deciding which is best for you

  9. What is a fixed-rate mortgage and how does it work? - AOL

    www.aol.com/finance/fixed-rate-mortgage-does...

    Assume she opted for a 15-year fixed-rate mortgage loan for which she borrowed $140,000 at 6.82 percent; over the life of that loan, she would have paid a total of $83,976 in interest.

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