Mortgage Investopedia

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Posted on October 25, 2018 at 11:21 AM

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Mortgage financial definition of mortgage
Mortgage. A mortgage, or more precisely a mortgage loan, is a long-term loan used to finance the purchase of real estate. As the borrower, or mortgager, you repay the lender, or mortgagee, the loan principal plus interest, gradually building your equity in the property.
The Difference Between Mortgagor & Mortgagee | Home Guides ...
For the majority of homeowners, a mortgage is an indispensable element of their home financing. This long-term financing option provides home buyers with a valuable anchor that allows them to move ...
Mortgage industry of the United States - Wikipedia
The mortgage industry of the United States is a major financial sector. The federal government created several programs, or government sponsored entities, to foster mortgage lending, construction and encourage home ownership.

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