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how do mortgages work

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HowStuffWorks "How Mortgages Work"
If you fail to pay back the loan, the lender can take your home through a legal process known as foreclosure. For decades, the only type of mortgage available .
http://home.howstuffworks.com/real-estate/mortgage.htm

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Mortgages 101 - Before You Get a Mortgage
Learn what to do before applying for a mortgage, what to watch .
http://banking.about.com/od/mortgages/bb/mortgage.htm

How does a Home Mortgage Work?
To many of us, financial instruments can be frightening and complex. This holds true for mortgages, which are the largest financial transaction most people will .
http://www.mortgageloan.com/how-does-a-home-mortgage-work-554

How Do Adjustable Rate Mortgages Work? - The Mortgage Professor
This article describes a "get out before the rate adjusts" strategy for selecting an ARM, and shows how to assess the risk in that strategy by using calculators to .
http://www.mtgprofessor.com/a%20-%20arms/how_arms_work_simplified.htm

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How Do Mortgages Work? | eHow.com
How Do Mortgages Work?. When you have a mortgage, there is a legal contract between you and a lender that says if you fail to repay the borrowed sum the .
http://www.ehow.com/how-does_4564666_mortgages-work.html

How Do Reverse Mortgages Work
Reverse Mortgage Basics. Reverse mortgage loans enable seniors to convert their home's equity into cash, tax free, while retaining the ownership of their home .
http://www.reversemortgageadviser.com/How-Do-Reverse-Mortgages-Work.asp

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How does a reverse mortgage work
The fundamental difference between a reverse mortgage and a conventional mortgage is that in a conventional mortgage, you pay a monthly mortgage payment .
http://wiki.answers.com/Q/How_does_a_reverse_mortgage_work

How Does a Second Mortgage Work? | LoanSafe
Jul 14, 2009 . For those who are only familiar with the usual home mortgage loan, they might be wondering what a second mortgage is. In simple terms, this is .
http://www.loansafe.org/how-does-a-second-mortgage-work

How Do Mortgage Points Work?
One of the most common questions first-time homebuyers will ask is about mortgage points. Unless you are familiar with the industry, chances are you will have .
http://www.mortgage101.com/article/how-do-mortage-points-work

How Do Reverse Mortgages Work - Ask.com
Top questions and answers about How Do Reverse Mortgages Work. Find 3113 questions and answers about How Do Reverse Mortgages Work at Ask.com .
http://www.ask.com/questions-about/How-Do-Reverse-Mortgages-Work

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