Mortgage 101: A Beginner’s Guide to Mortgages Looking to buy a home? Then you’re most likely going to need a mortgage, which is essentially a loan for a home. But it isn’t just any loan – it’s a large one with many moving parts, which can seem complicated.
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Looking to buy a home? Then you're most likely going to need a mortgage, which is essentially a loan for a home. But it isn't just any loan – it's a large one with.
Mortgage Lending 101 . what is a mortgage Mortgages are often referred to as a loan made by lenders for purpose of buying a home. Note that the term "mortgage" actually refers to a contractual agreement that gives the lender the right to possess your home if you fail to pay back your loan obligations.
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