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If an individual wishes to obtain a mortgage they should first ensure that they are financially able to make the repayments. In addition they should ensure that their credit rating is good before discussing how much money is required with a broker.

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∙ 13y ago

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When inheriting property when does the mortgage not go with it?

==One Answer== Inherited real property that is encumbered by a mortgage would be taken free of the mortgage IF the will also specified that the mortgage would be paid by the estate.


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Government mortgages charge lower interest rates than conventional mortgages.


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