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Assignment Mortgage Corporate  Form

Assignment Mortgage Corporate Form

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Instructions and help about Assignment Mortgage Corporate

so what is the difference between a 15 and a 30-year mortgage a 30-year loan is paid back over 30 years a 15year loan paid back over 15 years the shorter the term the better the rate and the reason you have the lower interest rate is because the bank is guaranteeing that interest rate for that whole time nobody knows what interest rates are going to be for 30 years so the bank has taking on less risk in the interest rate when the term is shorter so they give you a lower rate

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