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Private Home Equity Mortgage Lender Vs. Institutional Mortgage Lender

In this post I discuss the differences between a private home equity mortgage lender and bank or institutional mortgage lender. How each approaches the qualification of mortgage borrowers. If you think you need a private home equity mortgage loan then this is a good place to start educating yourself.

Focus on Amortization

Many borrowers focus on their interest rate, but you should also pay attention to amortization. Here's what you need to