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Interpreting Mortgage Speak

Understanding mortgage terms

There are a lot of mortgage terms that get tossed around by both real estate agents and lenders. What we sometimes forget is that not everyone is speaking the same language.

Let’s take a crack at explaining the most common mortgage terms you’ll hear when buying a New Orleans home.

 

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New Orleans REALTORS providing home buying, selling, and rental services throughout the metropolitan New Orleans communities.

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Real buying, selling, and renting advice from New Orleans REALTORS