Mortgage Info

What Does 5-year Term 20 Year Amortization Mean?

Posted on:

Learn what “5-year term 20 year amortization” means in the world of mortgages and loans. Discover the benefits, downsides, and situations where this term is preferable. Understand the impact on mortgage payoff and legal implications. Find out how to discharge a mortgage and choose the right mortgage plan. Get insights and seek professional advice for informed decisions. Join our newsletter for updates.

Mortgage Info

What Are Points On A Mortgage?

Posted on:

Learn about mortgage points, including how they affect interest rates and overall costs. Understand the different types and benefits of mortgage points, as well as potential drawbacks. Explore the factors to consider when deciding whether to purchase points and how to go about buying them. Get insights into common misconceptions and frequently asked questions about mortgage points. Additionally, discover the legal aspects of discharging a mortgage with consumer law. Join our newsletter for more updates.