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Posts Tagged ‘loan agreement’

Mortgages. Understanding the Home Mortgage in Depth.

10.26.2008 · Posted in Finance Articles

While mortgages are the most common way of buying a home, it is remarkable how few people actually understand what a mortgage is. Often referred to as a mortgage home loan, they are not a loan in the traditional meaning of the word. The property becomes a security (and legally binding contract), or mortgage, for ...