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General rule: If the interest rate on the loan can vary during the term of the loan, as with an adjustable-rate or step-rate mortgage, when you calculate the monthly payment the consumer will have to make for the new loan, you will usually use the greater of the fully -indexed rate or the introductory rate.
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FCM and/or its Affiliates is currently seeking highly motivated, qualified individuals to fulfill the role of Branch manager/residential mortgage loan originator in our builder account Houston location. ESSENTIAL DUTIES AND RESPONSIBILITIES. Manages the day to day operations of the branch, as well as manage the LO production.
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