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Why Use a Direct Mortgage Lender?
This refinancing option can sometimes lower mortgage payments and may be an option worth considering for homeowners , especially if they have an adjustable rate mortgage (also called an ARM). … Some of these direct lending sources will also have a line of credit or second mortgage product available, useful for home renovations or major home repair . These types of loans use the current equity of your property as the basis for securing the note. As with any other mortgage …