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What Is A Mortgage?

http://bucket.wistia.com/medias/gfi945mzc0?embedType=async&videoFoam=true&videoWidth=640 The original phrase “mort gage” translates as “death pledge”! But as this video explains, a mortgage is a loan obtained to purchase real estate. The "mortgage" itself is a...

What About A Home Located In A Flood Plain?

http://bucket.wistia.com/medias/s8v6nfw9bs?embedType=async&videoFoam=true&videoWidth=640 A flood plain is an area of land adjacent to a stream or river that experiences flooding during periods of high discharge. Watch this video and it’ll make sense. If you...

What Is Earnest Money, And How Much Should I Set Aside?

http://bucket.wistia.com/medias/x2o0216vvc?embedType=async&videoFoam=true&videoWidth=640 Like the video shows, “earnest money” is money you put down to demonstrate your seriousness about buying a home. It must be substantial enough to demonstrate good faith...

Are There Special Mortgages For First-Time Homebuyers?

http://bucket.wistia.com/medias/9vlo16j9pa?embedType=async&videoFoam=true&videoWidth=640 Yes. Like the video shows, lenders now offer several affordable mortgage options which can help first-time homebuyers overcome obstacles that made purchasing a home...