{"id":133,"date":"2018-02-21T21:47:36","date_gmt":"2018-02-21T21:47:36","guid":{"rendered":"http:\/\/fastforwardstories.com\/?p=88"},"modified":"2018-02-21T21:47:36","modified_gmt":"2018-02-21T21:47:36","slug":"what-is-a-mortgage","status":"publish","type":"post","link":"https:\/\/cloud.titletapsites.com\/assuredtitleservices\/2018\/02\/21\/what-is-a-mortgage\/","title":{"rendered":"What Is A Mortgage?"},"content":{"rendered":"<p><script src=\"https:\/\/fast.wistia.com\/assets\/external\/E-v1.js\" async><\/script><\/p>\n<div class=\"wistia_responsive_padding\" style=\"padding:56.25% 0 28px 0;position:relative;\">\n<div class=\"wistia_responsive_wrapper\" style=\"height:100%;left:0;position:absolute;top:0;width:100%;\">\n<div class=\"wistia_embed wistia_async_0ivl59h4e3 videoFoam=true\" style=\"height:100%;width:100%\">&nbsp;<\/div>\n<\/div>\n<\/div>\n<p>The original phrase \u201cmort gage\u201d translates as \u201cdeath pledge\u201d! But as this video explains, a mortgage is a loan obtained to purchase real estate.<br \/>\nThe &#8220;mortgage&#8221; itself is a lien &#8211; a legal claim on the home or property that secures the promise to pay the debt.<\/p>\n<p>All mortgages have two features in common: principal and interest.<\/p>\n<p>The principal is the amount you are borrowing which is \u201csecured\u201d by the lender\u2019s claim on the property.<\/p>\n<p>The interest, usually stated as the percentage rate is the additional amount paid for borrowing. Mortgage interest is \u2018compounded\u2019 &#8211; interest on interest, over time.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; The original phrase \u201cmort gage\u201d translates as \u201cdeath pledge\u201d! But as this video explains, a mortgage is a loan obtained to purchase real estate. The &#8220;mortgage&#8221; itself is a lien &#8211; a legal claim on the home or property that secures the promise to pay the debt. All mortgages have two features in common: [&hellip;]<\/p>\n","protected":false},"author":37,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-133","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>What Is A Mortgage? - Assured Title Services, LLC<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cloud.titletapsites.com\/assuredtitleservices\/2018\/02\/21\/what-is-a-mortgage\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What Is A Mortgage? - Assured Title Services, LLC\" \/>\n<meta property=\"og:description\" content=\"&nbsp; The original phrase \u201cmort gage\u201d translates as \u201cdeath pledge\u201d! 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