Do You Understand Your Mortgage Options?

If you are looking to buy your first home, or sell your existing home and purchase a new one, you may need an overview or a refresher on navigating mortgage lenders and the mortgage options that are available to you.

Understanding Mortgages

Taking out a mortgage is a huge milestone, and it is important to understand exactly what it is, especially if you are going to be paying it for decades to come. There are 3 basic parts that comprise a home loan mortgage: