A Layman’s Guide To Mortgages by the private mortgage lenders of San Antonio

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A Layman’s Guide To Mortgages by the private mortgage lenders of San Antonio

Published on Aug 19, 2022

Capital Concepts

Whether you’re looking to buy a property or renovate one, you’ve probably heard about mortgages – especially how they can increase your buying power. However, as someone who’s about to spend their entire life savings, you might be a bit skeptical about the idea. Don’t worry; if managed properly, mortgages are quite safe. Nevertheless, you shouldn’t invest in something you don’t know about. So, let’s educate ourselves with this simple guide from the most prominent private mortgage lenders in San Antonio. • Mortgages are long-term asset-based bridge loans used for real estate ventures. The typical loaning term for mortgages ranges from 20 to 30 years. • Mortgages are heavily regulated by the government and subject to the rules laid out by the Dodd-Frank Act. This is true regardless of whether you get a loan from banks or private mortgage lenders in San Antonio.

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