Learn more about how a mortgage works here. Should you fail to make your payments over time, the lender can foreclose on, or repossess, your property. Get connected with certified loan officers at Zillow Home Loans or from Zillow's network of lenders to answer your questions. (You can also pay off your mortgage early, but there are both pros and cons to be aware of.)īecause a mortgage is a secured loan, it means you put your property up as collateral. Shop with confidence knowing that you pre-qualify for a home loan. You pay back the lender over an agreed-upon amount of time, including an additional interest payment, which you can consider the price of borrowing money. you find local lenders and provides tools such as payment and affordability calculators.
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