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Business & the Law

How to Ensure a Smooth Mortgage Process When Buying a Home

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Buying a home ranks at the top of many Americans to-do list, according to most mortgage lenders in Jackson, TN. Unfortunately, most of the prospective home buyers fail to prepare adequately for the process, and it lowers their chances of success. Given the high asking prices on homes, mortgages offer a way out for the average buyer. […]

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Business & the Law

Residential Mortgage: How Do Financial Institutions Assess Borrowers?

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Before any bank or financial institution approves a residential mortgage loan, it looks at various factors first to assess a borrower’s creditworthiness. Primary Residential Mortgage, Inc. discusses these factors, also known as the 5 Cs. Character Character is the person’s credit history. It’s important to establish the borrower’s reputation when it comes to repaying loans. The credit

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