The Truth About Mortgages

So many people have gotten themselves into mortgage trouble over the last few years because they were subjected to sales pitches or ads that were too good to be true. Others did not do their research and really did not understand what they were getting themselves into.

Buying a house does not have to be an extremely difficult process as long as you know to stick to a few basic rules that will help keep you out of trouble. When you take the Celebrating Financial Freedom (CFF) course you will find out:

• How the different types of mortgages work.
• Which mortgage is right for you.
• How certain types of mortgages can get you into trouble.
• How much house you can afford for your income
• What to do if you owe more than your home is worth.
• Why a second mortgage is not a good idea.
• What is PMI and why should you avoid it?

Buying a house is usually the largest purchase you will make in your entire life, and making mistakes when you purchase can cost you tens or even hundreds of thousands of dollars. It is absolutely essential that you understand what you are doing and what you are commiting yourself to when you sign those loan documents at closing. Celebrating Financial Freedom will teach you how to make wise decisions when it comes to homebuying that will not come back to haunt you in the future and will leave you secure in the knowledge that you have made the right decisions about the largest purchase you will ever make.