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What is a Mortgage?: The Complete Guide for Home Buyers

November 19, 2018 By Cedric Liem 2 Comments

What is a mortgage?

What is a Mortgage Loan (Canada)? ​Mortgage Simple Definition In it’s simplest terms, a mortgage is just a loan. Usually it’s the biggest loan you’ll ever take, but, it’s still just a loan. But, there is a little more to it. It has a collateral attached to it. A collateral is something that is used […]

Filed Under: Mortgage Guides Tagged With: Mortgage Amortization, Mortgage Financing, Mortgage Insurance, Mortgage Insurance Premium, Mortgage Interest Rates, Mortgage Rates, Mortgage Terms, Mortgage Types

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