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Annual Percentage Rate (APR)

November 29, 2021

The APR is the cost of your mortgage represented by an annual rate. The APR includes interest, loan origination fee, points, and any mortgage insurance. When shopping for a loan, the best way to compare is by comparing the APR.

"By being open and recognizing our strengths and weaknesses, we can see opportunities for growth and ways to help each other."

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