Borrowing a mortgage is a big responsibility. When you’re an investor, lenders take serious precautions to ensure you can afford it, but many borrowers still default.
A mortgage default can greatly hurt your credit and future chances of purchasing real estate, even for your own use.
So what is a mortgage default, and how does it work? 
Learn more about your ad choices. Visit megaphone.fm/adchoices

Borrowing a mortgage is a big responsibility. When you’re an investor, lenders take serious precautions to ensure you can afford it, but many borrowers still default.

A mortgage default can greatly hurt your credit and future chances of purchasing real estate, even for your own use.

So what is a mortgage default, and how does it work? 

Learn more about your ad choices. Visit megaphone.fm/adchoices