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Home vendor take-back mortgage loan

You can get a vendor take-back mortgage from The Mortgage Store Online. When a mortgage is a "vendor-take-back-mortgage," it means the person selling you your home real estate (the vendor) is also lending you some of the money to buy their real estate.

This mortgage type is very valuable. It gives you more negotiable mortgage loan terms and conditions than other types of home mortgage loans. Why? Cause your lender is also the one selling you the home real estate - so they really want you to buy it and are willing to negotiate with you. For example, you can negotiate your home mortgage loan rates, terms, payments etc. with them.

Negotiable terms and conditions can make it easy for you to start owning a home or multi-residential real estate. With a vendor take-back mortgage, your negotiable terms and conditions can make it easy for you to have home mortgage loan payments that equal your current rent payments. And they can also make it easy for you to own houses and multi-residential real estate to rent out. So this mortgage'll make you money!

Vying for debt consolidation? Negotiable mortgage loan terms and conditions from me can make it easy for you to get home mortgage loan payments that are less than your current credit card or loan payments.

Use this mortgage to get a line of credit. The negotiable terms and conditions it's "vendor take-back qualities" provide, can make it easy for you to get a line of credit. Even easier than a bank line of credit.

Get this mortgage now! Fill out the home mortgage application.

Learn about the rates, payments, amortization and terms for home vendor take-back mortgage loans

Rates for vendor take-back mortgages

These are the institutional rates you can get for vendor take-back mortgage loans:

• Fixed rates
• Adjustable rates
• Capped rates
• Convertible rates

And these are the private rates you can get for this mortgage loan type:

• Fixed rates
• Adjustable rates
• Convertible rates

Payments for vendor take-back mortgages

How can you pay-off vendor take-back mortgage loans? Whether you use an institutional or private lender, you can use these payments:

• Interest only payments
• Straight-line principal reduction payments
• Constant payments

Amortization for vendor take-back mortgages

No matter if you use an institutional lender, or a private lender, you can get a 5-25 year amortization for this type of mortgage loan.

Terms for vendor take-back mortgages

If you use institutional lenders, you can get these terms for a vendor-take back mortgage loan:

• Short terms (6 months to 5 years)

Or, if you use private lenders, you can get these terms for a vendor-take back mortgage loan:

• Short terms (6 months to 5 years)
• Long terms (6 years to 18 years)

For clarification of some of these mortgage loan terms' definitions, view the mortgage glossary.

Got questions about vendor take back mortgage loans? Contact The Mortgage Store Online's brokers by using the contact form or by calling them at 1-866-880-2577.

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