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Vanderbilt Mortgage and Finance
46 Good
GTR Score
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Minimum Credit Score62050%Average
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Minimum down payment3 %60%Average
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No of states4650%Average
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Address: 3710 Artesia Ave, Fullerton, CADistance: 29.5 miContact: 17143992690
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Address: 111 N Sepulveda Blvd Ste 336, Manhattan Beach, CADistance: 6.0 miContact: 13103768794
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Address: 1299 Ocean Ave Ste P1, Santa Monica, CADistance: 6.5 miContact: 13103955902
FrequentlyAsked Questions
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A reverse mortgage for seniors is granted to those aged 62 years or above, and the property being used for the loan should be the applicant's primary place of residence. There should also be no or very low mortgage pending on the property and the senior should have the financial means to pay off any potential future housing costs. Other requirement01
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Real interest rates can indeed be negative. When real interest rates are negative, it means that the inflation rate is larger than the nominal interest rate. Measuring the real interest rate lets investors determine if they are actually making money and growing purchasing power on an investment. If the real interest rate is not larger than inflatio02
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Home equity loans work differently than traditional loans, acting as a line of credit. This means that the bank will approve to borrow up to a certain amount of your home, but your equity in the home stands as collateral for the loan. The interest rates are lower than they would be with a credit card.03