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On the phone. If you make a payment by phone, you may need to ask verbally. On your check. If you send a check by mail, add “apply to principal” to the memo line. You can use extra money to pay down.
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Calculator Terms and Definitions. FHA home loans have low credit and down payment requirements.Which is why they are one of the more popular types of mortgage loans used. Here are the definitions of the terms.
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