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In the United States there are three types of mortgages: Residential, multi-family residential, commercial, and farm. The same applies to the companies that deal with mortgages. There are also three categories: Mortgage bankers, mortgage brokers and mortgage services. Mortgage bankers, or lenders, make loans to people or companies who want to invest in property. Mortgage brokers act to bring the borrowers and lenders together, and mortgage servers collect mortgage payments.

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Secrets Of Mortgages Explained Posted By: Chris Cornell

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