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ASCEND MIC Mortgage Commitment Lender Information Reference # Reascend Mortgage Investment CORP. (ASCEND MIC)AddressPH5 330 Highway 7 East Richmond Hill, ON L4B 3P8Borrower Information Name Applicant Guarantor(s)Property
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A mortgage is a loan specifically used to purchase real estate, where the property itself serves as collateral for the loan.
Typically, the borrower who takes the mortgage loan is required to file the necessary documents with the lender.
To fill out a mortgage application, you will need to provide personal information, details about your financial situation, and information regarding the property to be mortgaged.
The purpose of a mortgage is to provide financing for individuals to purchase a home or real property while spreading the cost of the property over a set period.
Information that must be reported typically includes borrower details, loan amount, interest rate, payment terms, and property details.
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