expect the closing costs of your mortgage to be between 2% and 5%. If you're borrowing less than $150,000, costs could exceed 5%. Some lenders will work costs into the loan in the form of a higher interest rate, but the lender should clearly disclose that to you. Always talk to...
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Mortgage lenders were quick to hand them out, and borrowers quickly accepted them. A liar loan requires little to no documentation and no verification. The loan is based on the borrower’s stated income, stated assets, and stated expenses. They are so named because borrowers have a tendency ...
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