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Royal United Mortgage LLC, headquartered in Indianapolis, Indiana, is a privately held national mortgage lender that has been in business since 2008.
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Cash-out mortgage refinance transactions are not only easy, they may also be tax deductible. The 2017 tax bill changed how HELOCs and home equity loans are treated to where they are no longer tax deductible unless the debt is obtained to build or substantially improve the homeowner’s dwelling.
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Freedom Mortgage Wholesale’s FHA Condo Single unit approval program allows for approvals of individual condo units meeting certain eligibility requirements even if the condo project is not FHA.
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Types of Loans: Thirty-Year Fixed Rate Mortgage The traditional 30-year fixed-rate mortgage has a constant interest rate and monthly payments that never change. This may be a good choice if you plan to stay in your home for seven years or longer. If you plan to move within seven years, then adjustable-rate loans are usually cheaper.
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