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Simple Real Estate definitions:Refinance

December 25th, 2008 · Comments Off on Simple Real Estate definitions:Refinance

A mortgage is a contract between a lender and borrower, defining the terms by which a home loan must be repaid.  The paperwork, signed by both parties, includes provisions for things like: The interest rate The length of the loan The amount of money to be borrowed But, like all loans, a mortgage loan can […]

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