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Mistake #6      Mistake #7      Mistake #8      Mistake #9      Mistake #10 

Here is another area that can unknowingly cost you, if you are not careful. Again, this depends on your situation. Sometimes the banks will have three or more options for the same basic mortgage program.

Bankers are not stupid. They know most people are not swift at financial math. Like the croupier at a Las Vegas gaming table, they are more than happy to take any money that you are willing to leave on the table. You do not have to gamble on this one!

So how do you select the option that is best for you?

I hope you are not looking for a "rule of thumb" here. The only way to make sense is to run a comparison of the total charges and the on going interest costs, to determine which choice will cost you less! This is a good time to seek knowledgeable advice.

You can trust us to help you find the correct answer!

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