All Western Mortgage
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How can All Western Mortgage Help? PowerPoint PPT Presentation


At All Western Mortgage, we offer mortgage loans to our clients at the best possible rates and take pride in providing you with excellent service. We are always there for you at every step of the process to assist you with all your mortgage needs. So, what are you waiting for? Call us now on 702-850-2790 or visit our website - http://www.awmlending.com/

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How can All Western Mortgage Help?

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How can all western mortgage help

All Western Mortgage


How can all western mortgage help

What is a Mortgage Loan?


How can all western mortgage help

In Layman’s terms,

mortgage loans are the

loans secured by any kind of

property or real estate.

When a person needs to buy

a home and takes a loan for

the same, that loan is known

as a mortgage. A mortgage

lender is promised that the

amount lent by him will be

paid back by the buyer in a

certain amount of time at a

certain cost.


How can all western mortgage help

Also, the lender gets a

legal claim on the house

if the borrower/buyer

defaults on mortgage

payments. In simple

terms, the borrower gets

the possession of the

home, but the lender is

the actual owner of the

place till the debt is

completely paid off.


How can all western mortgage help

What is included in Mortgage

payments?

In most cases, mortgage is paid

back in the form of monthly

installments that comprise of

interest and a portion of principal

amount borrowed. The repayment

of principal reduces the original

balance of the loan, whereas the

interest is the cost of borrowing the

principal amount.


How can all western mortgage help

The monthly mortgage

installments further

include taxes and

insurance. Taxes are

remitted to local

governments and can

vary on the basis of

the location of the

borrower. Also, they

get reassessed

annually.


How can all western mortgage help

Insurance part of mortgage installments is further divided into two parts, namely –

Property Mortgage Insurance (PMI) and Hazard Insurance. The former protects

the lender in case the borrower defaults on payments and the latter protects both

the borrower and the lender from property losses in the event of a natural disaster.


How can all western mortgage help

How can All Western Mortgage

Help?

At All Western Mortgage, we offer

mortgage loans to our clients at the

best possible rates and take pride in

providing you with excellent service.

We are always there for you at

every step of the process to assist

you with all your mortgage

needs. So, what are you waiting for?

Call us now on 702-850-2790 or visit

our website -

http://www.awmlending.com/


How can all western mortgage help

Contact Us –All Western Mortgage

Address:

8345 W Sunset Rd, Suite 380

Las Vegas, NV 89113

Phone : 702-850-2790

Corporate: 702-369-0905

Fax: 702-906-0153

[email protected]

Website:

http://www.awmlending.com/


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