Mortgage Questions
We answer your Mortgage Questions
What is a Mortgage?
Mortgage questions? A mortgage is a debt instrument, secured by the collateral of specified real estate property, that the borrower is obliged to pay back with a predetermined set of payments. Mortgages are used by individuals and businesses to make large real estate purchases without paying the entire purchase price up front. Over many years, the borrower repays the loan, plus interest, until he or she owns the property free and clear. Mortgages are also known as “liens against property” or “claims on property.” If the borrower stops paying the mortgage, the lender can foreclose. – investopedia.com
Owning a home is the American dream. A home is a place you can call you your own. Chances are you’ll need to get a mortgage in order to make that dream a reality. The process of applying for a mortgage isn’t exactly a walk in the park. Luckily, Creditly’s experts are committed to helping you understand the home-buying & financing process. This process includes mortgages. Therefore, you can make smarter decisions.
We’ve pulled together answers to your important mortgage questions. We have tips on how to approach shopping for a home loan. You will learn how to get the best rates & deals. Also Learn how to select a mortgage lender & real estate agent. while you learn how to negotiate the best price, and pinpoint the best time for refinancing. Plus, understand how mortgage decisions can affect your credit score. You can use our free credit report snapshot, to find out where you stand.
A person’s credit score is a key factor in determining interest rates. This determines how you pay for cars, mortgages, credit cards and other loans. In fact, it may prevent people from even being approved.
Debt Collection Laws
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5 Credit Laws You Really Want to Know About
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Understanding Your Foreclosure Rights
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Dealing With a Tax Lien on your Credit Report
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How Long Do Things Stay On Your Credit Report?
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How to Clean Up Your Credit Report
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What Is a VantageScore & Do I Have One?
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What Does FICO Stand For? What is a FICO Score?
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5 Steps to DYI Debt Reduction
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Divorce survival guide
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Signs your identity has been stolen
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Resolving Billing Errors With the Fair Credit Billing Act
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Statute of Limitations On Debt Collection
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What Is Credit & Why Is it So Important?
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What Happens To Your Credit When You Get Divorced?
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Consumer Financial Survey
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19 Confusing Mortgage Terms Deciphered
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How Much House Can I Afford?
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How Does a Mortgage Work?
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How to Work with a Mortgage Broker
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Is Buying a House with Bad Credit Possible?
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What Is an FHA Loan?
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How to Refinance with Bad Credit
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What’s a 15 vs. 30-Year Mortgage?
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Am I Ready to Be a Homeowner?
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