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Episode 9 - Buying a Home - What is a mortgage? And how do you get one?
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Manage episode 285003241 series 2286595
Most of us don't have the cash to buy a house.
The good news is there are a lot of banks and other lenders that would love to give you money to buy a house. The money they give you is called a mortgage.
Before a lender will give you a mortgage, they will evaluate 3 things first.
(1) Are you the kind of person who pays their bills
(2) Do you make enough money to pay a mortgage plus the other debt you owe
(3) If you can’t or don’t pay your mortgage payments, can we sell the house to get our money back
Find out more about what's involved with getting a mortgage in this episode.
93 Episoden
Episode 9 - Buying a Home - What is a mortgage? And how do you get one?
Make Your Move Easier - Advice for People Selling or Buying a Home
Fetch error
Hmmm there seems to be a problem fetching this series right now. Last successful fetch was on December 28, 2022 21:30 ()
What now? This series will be checked again in the next day. If you believe it should be working, please verify the publisher's feed link below is valid and includes actual episode links. You can contact support to request the feed be immediately fetched.
Manage episode 285003241 series 2286595
Most of us don't have the cash to buy a house.
The good news is there are a lot of banks and other lenders that would love to give you money to buy a house. The money they give you is called a mortgage.
Before a lender will give you a mortgage, they will evaluate 3 things first.
(1) Are you the kind of person who pays their bills
(2) Do you make enough money to pay a mortgage plus the other debt you owe
(3) If you can’t or don’t pay your mortgage payments, can we sell the house to get our money back
Find out more about what's involved with getting a mortgage in this episode.
93 Episoden
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