ennifer Lopez and Ben Affleck recently acquired a luxurious mansion in Beverly Hills, known as the 'Wallingford Estate.'

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They initially purchased the mansion outright but later decided to secure a $20 million mortgage on the property.

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The mortgage was obtained in August from JPMorgan Chase Bank and was facilitated through a trust fund managed by their business managers, Gary Kress and Brian Murphy.

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Tony Mariotti, CEO of RubyHome Luxury Real Estate, explained that this move is considered a smart financial decision in the luxury real estate world.

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Such a mortgage arrangement provides the couple with financial flexibility, allowing them to use the funds as they see fit.

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That's mortgage strategy is not uncommon among wealthy individuals and is about making astute financial decisions and leveraging assets wisely.