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It's a loan in which the house functions as the collateral. If you don't pay your mortgage (fixed amount agreed upon) then you lose your house (the collateral).
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∙ 12y ago
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Where is The Mortgage Works based out of?
The Mortgage works is a United Kingdom based mortgage lender from the Nationwide Building Society. It is specifically located in Bournemouth, Dorset, England.
What is TMW DDR on bank statement?
It's The Mortgage Works - think you have your mortgage with them.
What is a mortgage loan originator?
Mortgage loan originator is an institution or individual that works with borrower to complete a mortgage transaction.A mortgage originator can be a mortgage broker or mortgage banker & is the original mortgage lender.
What describes how a fixed-rate mortgage works?
The monthly payment on a fixed-rate mortgage never changes.
Where may a person find information on the lowest mortgage refinance rates?
Information on the lowest mortgage refinance rates may be found at: ING Direct Un-mortgage; True North Mortgage; Prime Mortgage Works; Bank Rate; Calc XML; HSH; and Toronto Dominion Lending.
Where is The Mortgage Works based out of?
The Mortgage works is a United Kingdom based mortgage lender from the Nationwide Building Society. It is specifically located in Bournemouth, Dorset, England.
What is TMW DDR on bank statement?
It's The Mortgage Works - think you have your mortgage with them.
What is a mortgage loan originator?
Mortgage loan originator is an institution or individual that works with borrower to complete a mortgage transaction.A mortgage originator can be a mortgage broker or mortgage banker & is the original mortgage lender.
Do you know how a reverse mortgage works?
A reverse mortgage works by allowing someone to borrow against their home equity. The money does have to be paid back, though
What describes how a fixed-rate mortgage works?
The monthly payment on a fixed-rate mortgage never changes.
What types of products does The Mortgage Works offer?
The Mortgage Works website offers mortgage advice and tips to people who are buying their first home. They also have worksheets and calculators for people to see what expenses they need to cover when buying a home.
Which of these describes how a five or one ARM mortgage works?
The interest rate is fixed for five years and then changes every year afterward describes how a five or one arm mortgage works.
How does the RBC mortgage calculator work?
"The RBC mortgage calculator works like any other mortgage calculator. You put in the total amount, and then you divide it by how many years the loan is for."
Where may a person find information on the lowest mortgage refinance rates?
Information on the lowest mortgage refinance rates may be found at: ING Direct Un-mortgage; True North Mortgage; Prime Mortgage Works; Bank Rate; Calc XML; HSH; and Toronto Dominion Lending.
What mortgage website has won awards for its design?
A mortgage web site that has won awards for it's design is "The Mortgage Works". Awards that are given to a website for design do not indicate that the company actually provides award winning services.
How does KeyBank handle mortgages?
KeyBank works with each indivdual to determine what mortgage program will work best for them. There are several different mortgage options to fit a variety of clients.
If all persons are deceased on a life estate does the remainder man pay the mortgage?
That's how it works!
