Mortgages

Learn About Mortgages

Getting the right home loan helps secure your most important asset.

A mortgage is the loan that secures your most important asset: your home. Because a mortgage is a type of financing, it means the lender has the power to take your home away if you don’t pay back what you borrow.

These lessons about Mortgages explain the concept of loan-to-value ratio and how it affects which mortgage you choose. Interest rates and closing costs are also significant factors in a mortgage. Watch the introductory video, then click on the first lesson to begin.