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Mortgage Loans Explained

Mortgage loans and finance in general can be a daunting topic. The seemingly endless options, the obscure lingo, and the math can be enough to confuse the uninitiated. Luckily, there are many resources at our disposal to make sense of this crucial aspect of real estate. If you are willing to take the time to learn even the basics, you will find it is not rocket science. Whether you are buying your first home or you are a seasoned investor, having a handle on the financing side of things is a huge advantage and at the very minimum will empower you ask the right questions. Below is a great video by Khan Academy discussing the essentials of mortgage loans.