When it comes time to buy a home, most of us don’t have a few hundred thousand dollars waiting around in our bank account with which to make the purchase. Instead, we contact a lender who will set us up with a mortgage. Our friend Jeff Gilley, with local lender, Alpha Mortgage, dropped by to help us understand what that’s all about.
What is a mortgage?
“A mortgage is an agreement between you and a lender that they will let you borrow a certain amount of money and in return you will pay it back,... read more