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Home-mortgage Rock Island

Home mortgage is the use of your home as a guarantee for a loan which in turn pays for the home you are living in. In a mortgage transaction there is a debtor who owns the house and the creditor who own the loan. The creditor receives interest in monthly instalments from the debtor and if this and the payment is not...
Home mortgage is the use of your home as a guarantee for a loan which in turn pays for the home you are living in. In a mortgage transaction there is a debtor who owns the house and the creditor who own the loan. The creditor receives interest in monthly instalments from the debtor and if this and the payment is not received then the creditor may take possession of the home instead of the loan which is called foreclosure. Types of mortgage include simple mortgage, English mortgage, reverse mortgage and usufructuary mortgage. The Federal Home Loan Mortgage Corporation is a government sponsored effort to encourage mortgage lending.
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PNC Mortgage in Rock Island

1800 30th St, Rock Island, 61201
(309) 793-9302

With competitive interest rates, fast mortgage pre approvals and on-time closings, PNC offers home mortgage loans designed with you in mind. Apply for yours today.

financial, loans, mortgages, apply for mortgage

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