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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
By BiggerPockets4.7
317317 ratings
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

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