Mortgages and financing a home purchase
Mortgages and financing a home purchase
Almost everyone who buys a home borrows money to pay for it. Doing so involves giving the lender a charge against the home. Learn what’s involved in getting a mortgage.
Operated by: People's Law School
What to know on getting a mortgage or if you're facing foreclosure.
Mortgages and financing a home purchase
Almost everyone who buys a home borrows money to pay for it. Doing so involves giving the lender a charge against the home. Learn what’s involved in getting a mortgage.
Foreclosure
If you default on your mortgage, the lender can go to court to take the property you mortgaged or sell it to pay the debt. This process is called foreclosure.