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An Intro To Mortgages
When you decide it's time to buy a house, you probably jump online and start looking at homes in your target area. That's certainly one of the steps. But before you get your heart set on a certain home, and really even before you spend too much time looking, you need to dial in your financing options. For most people, that means getting a loan. How much do you know about mortgages?
Here is a very comprehensive discussion of what a mortgage is. and many of the related terms. Armed with this information, you can have more confidence speaking with a local lender, because you will already have some idea of what they are talking about. Even so, if you ever are unsure of any terminology, or exactly what the implications of a certain loan decision might be for you, ASK. Ask your agent. ask your loan officer. Ask google. Just make sure you understand before you sign on for what will likely be the largest financial decision of your life.
Gavin has lived in Boise for over 20 years. In 2003 he got his start in real estate as an investor and since then he has personally bought and sold over 100 houses. He got licensed in 2009 and is now....
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