home loans

Which Type Of Loan Most Often Involves Long-term Repayment Over 30 Years?

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Which Type Of Loan Most Often Involves Long-term Repayment Over 30 Years? Mortgages are usually amortized over long periods, such as 15 or 30 years. What is an open end credit account? Open-end credit refers to any type of loan where you can make repeated withdrawals and repayments. Examples include credit cards, home equity loans,

Can Banks Ask To Repair Home Before Giving Loan?

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Can Banks Ask To Repair Home Before Giving Loan? The bank may not lend money to buy the house until repairs are complete. But you can’t do repairs until you buy the house. What can stop you from getting a loan on a house? Most often, loans are declined because of poor credit, insufficient income