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Depending on your age, Income, and Financial goals. A mortgage is probably the best "debt you can have" The freedom of not having to make a mortgage payment is also a nice thing for someones cash flow. The situation depends on your age and financial goals really. The 30 fixed mortgage was created for a dying breed of people that work for 30 years then retire to a paid off mortgage. Statistically people refinance or move every five years. This is why there have been so may adjustable rate mortgages that have been pushed until recently. However, a mortgage when used correctly can be a powerful financial tool.
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Should you pay off your house mortgage?
Yes, you should pay off you house mortgage because otherwise, you do not truly own your house.
What should you get from the bank when you pay off a mortgage?
A lollipop
Should you pay off your mortgage?
Yes, if you have the cash and don't qualify for the tax deduction on the mortgage interest.
Should you pay off a default loan before or after you apply for a Mortgage?
You should pay off your default loan before because you may not qualify for a mortgage loan because you already owe money.
How can you remove the cosigner from a mortgage?
You must pay off the mortgage and refinance the loan in a single name.You must pay off the mortgage and refinance the loan in a single name.You must pay off the mortgage and refinance the loan in a single name.You must pay off the mortgage and refinance the loan in a single name.
Should you pay off your house mortgage?
Yes, you should pay off you house mortgage because otherwise, you do not truly own your house.
What should you get from the bank when you pay off a mortgage?
A lollipop
to pay off a mortgage?
which grant can I apply to pay off a mortgage
IS it better to prepay your mortgage or save the same amount?
If you have enough money to pay off your mortgage and no other debts, you should pay it off. If you have other debts, you should pay off those with higher interest rates before those with lower. If you have credit cards, you should pay them off and cancel them.
What should you receive from lender when you pay off your mortgage?
A letter of release stating that the mortgage is paid in full.
Should you pay off your mortgage?
Yes, if you have the cash and don't qualify for the tax deduction on the mortgage interest.
Should you pay off a default loan before or after you apply for a Mortgage?
You should pay off your default loan before because you may not qualify for a mortgage loan because you already owe money.
How can you remove the cosigner from a mortgage?
You must pay off the mortgage and refinance the loan in a single name.You must pay off the mortgage and refinance the loan in a single name.You must pay off the mortgage and refinance the loan in a single name.You must pay off the mortgage and refinance the loan in a single name.
Do I pay off my mortgage buy more gold or invest in more stock?
Pay off your mortgage.
How can someone be taken off a mortgage?
The only way to get someone's name off a mortgage is to pay it off and refinance if necessary.The only way to get someone's name off a mortgage is to pay it off and refinance if necessary.The only way to get someone's name off a mortgage is to pay it off and refinance if necessary.The only way to get someone's name off a mortgage is to pay it off and refinance if necessary.
Is there any online training on how to pay off mortgage early?
You just can pay your full mortgage off at once. So you would have no mortgage left you have to pay back :)
Is it legal to borrow money to pay off an others mortgage and require them to pay back as a loan?
If you have the means to borrow money, you may spend that money in whatever manner you choose. The important question should be: Is it wise to pay off another persons mortgage? NO. If they cannot pay their mortgage they probably cannot pay you either.
