
A mortgage is a loan secured by real estate that's used to purchase, refinance, or renovate a home. When you secure a mortgage, you agree to pay the lender back in full over an agreed-upon period of time. There are many different types of mortgages available today, each with their own benefits and drawbacks. Knowing the types of mortgages available and which is right for you can help you make an informed decision when it comes to home ownership. Conventional Mortgage This type of mortgage is … Continue reading...