What Is A Mortgage? The Basics For Beginners | Rocket Mortgage
A mortgage is a type of loan that’s used to finance property. A mortgage is a type of loan, but not all loans are mortgages. Mortgages are “secured” loans. With a secured loan, the borrower promises collateral to the lender in the event that they stop making payments. In the case of a mortgage, the collateral is the home.
DA: 95 PA: 50 MOZ Rank: 64