Tax Return Preparation
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If you are considering getting a mortgage for the purchase of a home, it's important to investigate several lending sources. The amount you can borrow and the amount of interest you will be charged can vary from one lender to another. While the difference in interest may seem very small, it can add up to thousands of dollars over the total years of the loan. With any mortgage, the longer the repayment period, the more interest you will pay. On the other hand, a shorter repayment period will mean higher monthly payments which you may not be able to meet.
Try to get a written agreement which will allow you to pay off the mortgage before it is due (prepayment clause) without penalty. There are many types of fixed and flexible mortgages available. Make sure that you fully understand all your options and qualifications before you choose the type of mortgage for the purchase of your home. Make sure that you read and completely understand any written agreement before you sign and insist that the company put any oral promises in writing.
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