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A mortgage is a loan that is secured by real property (land, buildings).

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This is a totally normal process. I've done it several times. When you move, you sell the house and the proceeds of that sale cover the mortgage. While it's possible that some loans have a pre … to plan for that.) Of course, it's better to not have any debt at all, but as debt goes, mortgage debt (because it is secured by real estate) is relatively low-cost. In order to get a loan with the …
answered Jun 23 by mattdm