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Understanding Mortgage Loan Lingo

Understanding Mortgage Loan Lingo

There are few processes in life that feel as complicated as applying for and managing a mortgage loan. Just talking to a mortgage loan officer can sound like alphabet soup, even if it’s not your first mortgage loan. Though most of the terminology isn’t complex, it’s not commonly used. This useful guide will help ensure you understand everything your loan officer is discussing.

Image via Unsplash/Precondo CA

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