How much do banks usually lend for mortgages

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Americans are rich by world standards.

. After all everything is relative when it comes to money. Many mortgages have an early repayment charge for the initial incentive period. If it doesnt youre free to remortgage at any time.

With a median household income of roughly 70000 America consistently. Check if yours has one. If you remortgage during this period youll trigger the charge and its usually thousands of pounds the equivalent of up to 5 on the outstanding mortgage balance.

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