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Definition of mortgage finance

Definition of mortgage finance

A fund is a verb used to describe the process of buying (issuing) money from a mortgage lender to owning or depositing it before closing a real estate transaction. Interest is charged from the day of financing, not the day of closing, as financing often occurs a day or two before closing. Loan financing process varies from country to country The loan financing process varies from country to country in America. Financing usually does not stand until all loan documents…

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