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Shows the cost per month and the total cost over the life of the mortgage, including fees & interest. This information is computer-generated and relies on certain assumptions. It has only been designed to give a useful general indication of costs. It’s important you always get a specific quote from.

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mortgage (mrgj) n. 1. A loan for the purchase of real property, secured by a lien on the property. 2. The document specifying the terms and conditions of the repayment of such a loan. 3. The repayment obligation associated with such a loan: a family who cannot afford their mortgage. 4. The right.

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A mortgage is a loan used to pay for a real estate purchase in exchange for monthly payments and a lien on the purchased property. Find out more about fixed.

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Summary: The Section 203(h) program allows the Federal Housing Administration (FHA) to insure mortgages made by qualified lenders to victims of a major.