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Cornerstone First Mortgage - Cornerstone First Mortgage Cornerstone First Mortgage, LLC is here to assist you with purchasing, refinancing, or building your dream home We ensure excellent communication and convenience for our clients every step of the way
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What Is a First Mortgage and How Does It Work? Explore the essentials of first mortgages, including their role in lien priority, borrower requirements, and the impact on homeownership Understanding the concept of a first mortgage is crucial for anyone stepping into the world of homeownership or real estate investment
First Mortgage vs Second Mortgage | eFinanceManagement A first mortgage also referred to as a primary mortgage or a senior lien, is a loan taken out by a borrower to purchase a property When someone buys a home or other real estate, the first mortgage is the primary loan secured against the property It takes precedence over any subsequent mortgages
Loans - Cornerstone First Mortgage Finding the right home loan involves consideration of your needs, finances, and history We are here to guide you A fixed rate loan provides stability with a set interest rate that remains unchanged for the life of the loan, offering a predictable monthly payment
What is First Mortgage: Essential Guide to Homeownership A first mortgage is the primary loan obtained for a property, giving the lender the first right to the property if the borrower defaults It serves as the initial lien on the property, securing the mortgage and taking priority over other claims on the property