1194 - What Is a Mortgage Default? By Samantha Hawrylack
BiggerPockets Daily
English - January 21, 2024 07:00 - 13 minutes - ★★★★★ - 284 ratingsInvesting Business Entrepreneurship real estate success financial freedom financial independence wealth wholesaling money landlord realestate real estate investing Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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?
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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