Working with First-Time Home Buyers’ Post

Buying your first home can be exciting and overwhelming at the same time. You may have heard of terms like mortgage and deed of trust, but do you know what they mean and how they affect your home loan? In this article, you will learn the basic definitions, differences, and implications of these two types of legal agreements that secure your home loan. You will also learn how to protect yourself as a borrower and avoid foreclosure. Whether you have a mortgage or a deed of trust, you should always be informed and prepared for your home loan journey. What are some of the questions or challenges you faced when you applied for your first home loan?

How do you differentiate between a mortgage and a deed of trust?

How do you differentiate between a mortgage and a deed of trust?

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