What Are Mortgage Brokers And Why To Use One
“Mortgage” is formed from two words: the French word “mort” meaning “dead” and the word “gage” from Old English meaning “pledge”. Sir Edward Coke (who lived from 1552 to 1634) explained the term: the land as considered “dead” to the mortgagor, as if the person never had it. Today, the term mortgage is used for a loan for purchasing propriety. The most common mortgages are the home mortgages. It is not common to pay cash a home today. The “life’ Read More