A mortgage is simply a loan, which is borrowed from a moneylender and which is then paid back over the next few years with interest. Since repaying the loan along with interest in itself takes a minimum of 25 It's this last step that makes conforming mortgages so (relatively) inexpensive. Because the debt is guaranteed, Wall Street doesn't demand as high of a return as it does for, say, jumbo loans or for sub-prime ones Mortgagr bankbank.com Mortgagr Compani | Mortgagr Broker | Financr Strategi Home