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Types of Loans - Glossary. TYPES OF LOANS - GLOSSARY. We look forward to putting our mortgage services to work for you! Purchasing a new home? Congratulations on your decision to buy a new home! There are many important things to consider throughout the process, especially if youre a first-time homebuyer. How to Get a Loan. Types of Loans - Glossary.
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When you are gathering quotes, you are basically shopping around for the best buy in much the same way as you would if were shopping for an appliance or a car. However, unlike an appliance or even a car, buying property requires a considerably larger investment and it is an investment that will affect the course of your life with considerable long-term implications.