You should check your loan agreement for your lender's policy on automatic loan renewal prior to e-signing it. If your loan is renewed, there will be additional personal loan for deposit as determined by your lender, and the minimum term can be set up. Your lender may offer you other options in addition to renewal, including the ability to repay your loan in full at a later date or repay your loan over time in a series of installments.
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Purchase Transaction Documents : The aggregate term for independent third party documentation pertaining to the subject property. This includes property appraisal, termite inspection report, preliminary title report, real estate transfer disclosure, roofing, geological, foundation, septic inspections, and overall home inspection.
Quit Claim Deed: A deed relinquishing all, or a portion of, the interest, title, or claim in a property by a grantor. Reconveyance: The transfer of the title of land from one person personal loan for deposit the immediate preceding owner. This instrument of transfer is commonly used to transfer the legal title from the trustee to the trustor after a deed of trust has been paid in full.
Refinancing: The process of paying off an existing loan and establishing a new loan. Renovation: The restoration of the primary residence.
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