Monthly Archives: June 2017

What is a collateral mortgage?

What is a collateral mortgage?

When shopping for mortgage you’ll probably ask about term, rate and payment frequency. But what type of mortgage are you getting? There are two types of mortgages: Traditional Residential Mortgages and Collateral Mortgages. The first option being widely known, Collateral Mortgages are not as recognized. When purchasing a home, it’s very important to understand your […]

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