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HYBRID MORTGAGES

A hybrid mortgage is a term used when there is more than one type of mortgage contained in a single mortgage registration.

A hybrid mortgage is a term used when there is more than one type of mortgage contained in a single mortgage registration. The registration could include a fixed rate portion, a variable rate portion, a line of credit portion, or any combination of these. Each lender will have their own unique name for this type of mortgage allowing anywhere from 2 to 100 different products contained in the registration of the mortgage. This product is often suggested for the savvy borrower who will use this as part of their overall financial plan.


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Use our Mission35 Mortgage Calculator below to calculate an estimation of your monthly payment based on your home's value and your down payment. Don't settle for an estimation, let us crunch the hard numbers, understand the smaller details and get you the best possible rate as well as mazimize your budget and confirm your actual budget. 

 

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