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A Fixed-rate mortgage is a home loan with a fixed interest rate for the entire term of the loan. The Loan term is the period of time during which a loan must be repaid. For example, a 30-year fixed-rate loan has a term of 30 years. An Adjustable-rate mortgage (ARM) is a mortgage in which your interest rate and monthly payments may change periodically during the life of the loan, based on the.
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The acquisition will also add new Guild branches in Oklahoma, Florida. Guild Mortgage Guild Mortgage Co. was founded in 1960 as a home financing company for American Housing Guild in San Diego,
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one of Colorado’s largest mortgage lenders, is expanding into a pair of new states. The lender announced this week that is now lending in Wyoming and Montana after opening offices in each of those.