Poli Mortgage Group - Mortgage Company Serving the East Coast
Before You Buy

Water, Money, Death (& An Episode About Mortgages)


In this video, Chris and Adam discuss:

  • What actually happens behind the scenes when someone gets a mortgage?
  • How does a mortgage differ from a regular loan?
  • What is a "lien"?
  • Who are Freddie Mac and Fannie Mae - and what do they do, exactly?
  • What is Mortgage Insurance (PMI)? When/why do you need it, and when do you not?
  • What happens when someone goes into default?
  • What happens if you want to pay more than your monthly payment?




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