Quotations by Richard Dolan

If you are a first-time homebuyer, on the day you get your mortgage, on that very day when you sign the papers and the mortgage company gives you your money, immediately give the lender your first month's payment.Because the interest on your home is compounded daily, this will be the one and only time that 100 percent of the money you pay will be directed toward the principal. [2015] - Richard Dolan

If you double your mortgage payment, then mathematically speaking, a 30-year mortgage will be reduced to roughly six years. [2015] - Richard Dolan