Why Prove Your Down Payment To the Bank for a Mortgage

http://LeahCoss.ca Hi everyone, it’s Leah Coss with The Mortgage Center. I wanted to talk about down payment. Now, I know this is a point of frustration for …
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Question by one only one: what is mortgage ?

Best answer:

Answer by thsp
A loan you get to buy a house.

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4 Comments

  1. a loan on a house

  2. mortgage – a conveyance of an interest in property as security for the repayment of money borrowed

  3. another monthly debt

  4. A mortgage is the actual legal document by which real property is pledged as security for the repayment of a loan, but generally speaking the word “mortgage” encompasses several different loan options for purchasing or refinancing a home or tapping in to your home’s equity.

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