A cash back mortgage is a loan that once the agreement is confirmed, the borrower receives a cash advance. The cash is typically calculated as a percentage of the mortgage, but some lenders may choose to … Read More
Cash back mortgages
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A cash back mortgage is a type of mortgage that provides a cash rebate at the time of the mortgage closing. This sum is typically a percentage of the mortgage. Cash back mortgages have higher interest … Read More
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What is a cash back mortgage? This is a type of mortgage where the borrower receives cash back at the time of closing their mortgage. This rebate usually varies amongst lenders from 1% to 5%. The … Read More
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