Mortgage or home loan? Are they really the same animal? Well they really aren’t an animal but they are worth knowing the differences. A mortgage is a financial term which a “lender” offers a loan and in return attaches it to real estate as collateral.
A home loan is money that “you” choose to borrower that fits “your” budget and provides you with piece of mind when buying a home.
Is there really a difference? Well is there a difference between you getting to choose the loan that fits your budget and lifestyle and a mortgage lender telling you what mortgage you need?
For more information about meeting your needs please send me a comment.
Mitch
Advertisement
