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October 5th, 2020

Bozeman Credit Terms

categories: Buyers Info, Market News, Sellers Info

Bozeman Credit Terms

Credit Terms Used In Bozeman Real Estate Transactions Have you ever wondered about the meaning of various credit terms? Amortization: Loan payments made during the term (period of time) of your loan. Amortization is also termed “debt reduction” because debt is reduced with each (monthly) payment. Annual Percentage Rate (APR): The total costs, expressed as […]

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March 22nd, 2020

Bozeman Real Estate Loans

categories: Buyers Info, Market News

Bozeman Real Estate Loans

Bozeman Real Estate Loans† A mortgage is a loan on property or real estate that a mortgage lender or financial institution receives from you to help finance the purchase of real estate. A borrower pledges real estate (your future property) as security for the repayment of the loan. The borrower gives the lender a lien on […]

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