Tuesday, December 6, 2022

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mortgage broker terminology

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People also ask:

What are common mortgage terms?
The most common mortgage terms are 15 years and 30 years, but some lenders offer terms as short as 8 years.
What do you say when you call a mortgage broker?
We asked many questions, but these five helped us make our final decision and put away suspicions about working with a mortgage broker.
  • How are you paid? ...
  • What type of loan would work best for us? ...
  • What are your hours? ...
  • Can you show us the breakdown for different down payment amounts? ...
  • Would you offer a rate match?
  • What is CAD mortgage term?
    Cash Available for Distribution (CAD) is a REIT metric that subtracts recurring capital expenditures from funds from operations (FFO). CAD is a non-GAAP measure that is used as a proxy for a REIT's cash flow for investors.
    What should a mortgage broker not say?
    10 things NOT to say to your mortgage lender. 1) Anything Untruthful. ... 2) What's the most I can borrow? ... 3) I forgot to pay that bill again. ... 4) Check out my new credit cards! ... 5) Which credit card ISN'T maxed out? ... 6) Changing jobs annually is my specialty. ... 7) This salary job isn't for me, I'm going to commission-based.