Saturday School: Learn About Home Loan Basics

Mortgage loan
Photo by Idutko / Shutterstock.com

If you plan to buy your first home — or even to trade up to something new — wading into the world of mortgage loans can be intimidating.

For most people, buying a home is their single biggest purchase. Getting the best terms on a loan you might keep for up to 30 years seems daunting.

However, educating yourself about mortgage loans can go a long way toward alleviating those anxieties. Watch this video from the Khan Academy, and you will arm yourself with crucial knowledge that can help you land a great deal.

Do you have tips for landing a great mortgage loan? Share them by commenting below or on our Facebook page.

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