A mortgage is a loan to buy a home, repaid in monthly installments over time. Learn how mortgages work, key terms, types of loans like FHA, VA, USDA, and how to qualify. Discover the process from pre-... ...more
First Time Homebuyer
September 24, 2024•3 min read
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* 2023 study conducted by Polygon Research used 2023 Home Mortgage Disclusre Act data to find that consumers save more than $10,662 over the life of the loan, on average, by working with a mortgage broker compared to a nonbank retail lender.