: To purchase your first home, you may be required to borrow funds from a bank. You have just graduated from college, and your dream is to own your first home. Before you begin looking for your dream home, you need to learn more about funding options and the process required to finance a home.
1. Discuss your options for obtaining a home loan and how mortgages work.
2. Discuss the process/procedures for obtaining the loan and the ideal interest rates for home loans.
3. Report your findings in 2 paragraphs.

Question

: To purchase your first home, you may be required to borrow funds from a bank. You have just graduated from college, and your dream is to own your first home. Before you begin looking for your dream home, you need to learn more about funding options and the process required to finance a home.
   1. Discuss your options for obtaining a home loan and how mortgages work.
   2. Discuss the process/procedures for obtaining the loan and the ideal interest rates for home loans. 
   3. Report your findings in 2 paragraphs.

anonymous · Answer

So what are you having trouble with?

anonymous · Answer

Dont know about home loans and mortgages

anonymous · Answer

First, what kind of class is this for? The question is posted in a math forum, but does not seem a math question. Does your teacher expect mathematical reasoning?

anonymous · Answer

dfyodor is that Abel/ I think the poster meant to post on the Finance wiki

anonymous · Answer

Yes, I am Niels Abel.