This is the loan that helps homeowners finance a property or other piece of real estate. A mortgage typically has a long-term loan, from 15 to 30 years and may come with interest that is a fixed-rate (stays the same) or variable rate (changes).
Read more: First-Time Homebuying Guide
Zach Child is a recent graduate from the University of Washington with an interest in digital marketing strategy. At Sundae, Zach is part of the team that distributes editorial content across social channels and is responsible for the creation of visual content that helps grow Sundae’s brand.