Posts Tagged: co-op mortgage

How Does a Mortgage Work?
How Does a Mortgage Work?

How Does a Mortgage Work?

  |   By AuthorMy First Apartment
If you’re buying a place, you’re almost certain to need a mortgage. Here’s the lowdown on mortgages. A mortgage is a loan. In the most basic sense, that’s all it is – it’s a loan that allows someone to buy real estate. Like all loans, mortgages have interest rates. In other words, if you take out a…