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  2. What Is A Mortgage And How Do I Get One? | Rocket Mortgage

    www.rocketmortgage.com/learn/what-is-a-mortgage

    A mortgage is a loan from a lender that gives borrowers the money they need to buy or refinance a home. The borrower agrees to pay back the lender with monthly mortgage payments that include principal, interest and other fees. Mortgages are secured loans, and secured loans are backed by collateral. In the case of a mortgage, the collateral is ...

  3. What Is a Mortgage? Types, How They Work, and Examples - ...

    www.investopedia.com/terms/m/mortgage.asp

    A mortgage is a loan used to purchase or maintain a home, plot of land, or other real estate. The borrower agrees to pay the lender over time, typically in a series of...

  4. What Is A Mortgage? Your Definitive Home Loans Guide - Bankrate

    www.bankrate.com/mortgages/what-is-mortgage

    A mortgage is a long-term loan used to buy a house. Mortgages are offered with a variety of terms — the length of time to repay the loan — but they usually range between eight and...

  5. A mortgage is a loan you take out on a piece of land or real estate when you don’t have all the cash-on hand to buy, improve or maintain it on your own.

  6. What Is a Mortgage? Payments, Types and Terminology

    www.nerdwallet.com/article/mortgages/what-is-a-mortgage

    How does a mortgage work? What is a mortgage? A mortgage is a loan used to buy a home. You repay the loan, with interest, over a set number of years. The property serves as...

  7. How Does a Mortgage Work? - LendingTree

    www.lendingtree.com/home/mortgage/how-does-a-mortgage-work

    Understanding mortgages A mortgage is a loan you get from a lender to finance a home purchase. When you take out a mortgage, you promise to repay the money you’ve borrowed at an agreed-upon interest rate.

  8. Mortgage 101: Our Guide To Mortgage Basics - Rocket Money

    www.rocketmoney.com/learn/homeownership/mortgage-process-basics-and-key-terms

    To help you out, we’ve created a mortgage 101 guide so that you’re confident when you begin the application process. Unless you buy a house with cash, you’ll need a mortgage. A mortgage is a secured loan, using the home you purchased as collateral.

  9. What is a mortgage? | Consumer Financial Protection Bureau

    www.consumerfinance.gov/ask-cfpb/what-is-a-mortgage-en-99

    What is a mortgage? A mortgage is an agreement between you and a lender that gives the lender the right to take your property if you don’t repay the money you’ve borrowed plus interest. Mortgage loans are used to buy a home or to borrow money against the value of a home you already own. What are key features for comparing different mortgages?

  10. Mortgage 101: Basics Every Home Buyer Should Know

    homebuyer.com/learn/mortgage-101

    Mortgages are popular because few home buyers have hundreds of thousands of dollars in their bank account. The majority of mortgages pay off over 30 years. Before we go deep into your mortgage education, let’s review a few key mortgage terms: Borrower: the person receiving the mortgage loan — you!

  11. What Is a Mortgage? a Comprehensive Guide - Business Insider

    www.businessinsider.com/personal-finance/mortgages/what-is-a-mortgage

    To buy a house, you'll need to get a mortgage. A mortgage is a type of loan used to purchase a home. When you get a mortgage, you agree that the lender can foreclose on your...