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How does a mortgage work and what you MUST know before getting one!

In this episode, we discuss how does a mortgage work including the basics of a mortgage, and what to know before getting one. 🎓Get your FREE INFOGRAPHIC GUIDE: How to Finance your Home https://stories.brookfieldresidential... About this video: In this episode of Homebuyer's School, we discuss how a mortgage actually works and all the elements involved when borrowing to buy a home. We explore a lien, what happens if you can't pay off your mortgage and mortgage portability. Finally, we talk about the types of mortgage penalties and how to avoid them. #mortgages #mortgagebasics #firsttimehomebuyer 📺 Watch to learn how to get a mortgage step by step:    • How does the mortgage approval proces...   📺 Watch to learn how MUCH you can get pre-approved for:    • How much can I get pre-approved for a...   📺 Watch to learn more about mortgage rates:    • How do mortgage rates work (and how t...   📺 Watch to learn more about how mortgage payments works:    • How do mortgage payments work in Cana...   ✍️ Prefer to read or need to take notes? See the transcripts: https://stories.brookfieldresidential... 📔 If you want to learn how step by step how to get approved for a mortgage:    • Mortgage approval step by step process   👉SUBSCRIBE TO THIS CHANNEL to get the latest tips, strategies, and tactics for home buying: https://goo.gl/aX7gkz 🎓 Get educated on the home buying process: http://stories.brookfieldresidential.... 📱 Want to connect with Mujtaba Syed for any mortgage questions? Here's how: https://mortgagespecialist.bmo.com/ab...