The Basics of Getting a Mortgage

What Is a Mortgage and How Does It Work?

A mortgage is a loan that may be used to buy real estate, which serves as collateral for the loan. A mortgage is generally for a big quantity of money and is paid off over a period of 25 or 30 years.

The Mortgage Application Process

After you’ve decided to buy a house, you’ll need to work out how to pay for it. Unfortunately, most of us do not have the funds to purchase a property entirely. This is where a mortgage may help.

What Makes You Think It’s Time?

When is the best time to purchase a house and get a loan? When you’re both personally and financially ready, it’s a fantastic time to start. That you have a stable employment, are established in your personal life, and are planning to stay in the same place for the next five or ten years.



Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store