A Practical Guide to Mortgages and Liens

A Practical Guide to Mortgages and Liens

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The book is designed to be a practical aid for lawyers dealing with all forms of encumbrances on real property.If a lender and borrower had entered into a mortgage with a power of sale clause, the transactions would be very similar. ... When a persons credit score is below 720, he or she will have to pay a higher interest rate on a mortgage. ... 675-699 +. 75% 620-674 +.9% 560-619 +1.75% 500-559 +2.25% Thus, a poor credit score can raise the interest rate paid on a mortgage by 2.25 percent per year, or more.

Title:A Practical Guide to Mortgages and Liens
Author: David A. Schmudde
Publisher:ALI-ABA - 2004

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