Sentences with phrase «misconception about mortgage loans»
A common misconception about mortgage loans is that they can only be used for home or property - related purchases, when in fact, the loan money can be used for any purpose.
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One of the most common misconceptions about this type of loan is that a reverse mortgage is a rip - off.
As with many financial products, reverse mortgage loans can be complicated to understand at first, so there may be a number of misconceptions about how the product works.
One of the common misconceptions about FHA home loans is that they cost significantly more than other conventional mortgage options.
One of the most common misconceptions about this type of loan is that a reverse mortgage is a rip - off.
Determining the best loan option can set aside many mortgage misconceptions about down payment and credit score requirements.