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FAQs
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home > home mortgages > FAQs > general > amortization What is home mortgage loan amortization?According to The Mortgage Store Online, home mortgage loan amortization is the length of time you get to pay off your home mortgage loan. For example, if you had a 5 year amortization, you would have 5 years to completely pay off your home mortgage loan. You would have to pay back your principal (the amount of money you borrowed) and pay the interest charged on that principal. The Mortgage Store Online offers the following home mortgage loan amortizations:
Fill out the home mortgage application. If you would like to learn more about these home mortgage loan faqs topics, simply contact The Mortgage Store Online's brokers by using the contact form or by calling them at 1-866-880-2577. << return to general mortgage faqs |
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