Important Facts About Down Payments When Getting A Mortgage
A mortgage is a loan that you get when you buy a house, and mortgages come in many types. You must visit a mortgage lender to get a loan, and the lender will tell you how to go through with the process. The loan approval process takes time because lenders must verify many things, including the down payment amount. A down payment is almost always necessary when borrowing money through a home loan, and here are several important facts to understand about down payments.