Owning your own home is one of the biggest and best financial decisions you can make. Equally as important is the decision of how to pay for this investment. A mortgage is one of the most commonly tool used to finance real estate. In fact, a mortgage is the most important tool in real estate on any level; residential, investment or commercial. One mortgage does not fit all borrowers. I will uncover the fundamentals of mortgage and answer some of the commonly asked questions: What's a mortgage and What's it not? What's best: Fixed Rate vs. Adjustable Rate? Who are Mortgage Advisors, Mortgage Brokers, or Loan Officers? What's best: Banks or Brokerage Company? When and how to Pay Off a mortgage? This book is an educational resource for mortgage loan borrowers. I find it necessary to educate borrowers regarding mortgages and the potential uses, and to view a mortgage as a financial and wealth building tool versus a debt instrument. Mortgages are powerful financial tools; they are embraced by Smart Consumers and not feared.
