why is it called a mortgage 
the word mortgage comes from old english and french meaning death vow it gets that name since this type of loan dies when it is either fully repaid or if the borrower defaults 10the bottom linemortgages are an essential part of home buying for most borrowers who aren t sitting on hundreds of thousands of dollars of cash to buy a property outright different types of home loans are available for whatever your circumstances may be different government backed programs make it possible for more people to qualify for mortgages and make their dream of homeownership a reality but comparing the best mortgage rates will make the home buying process more affordable 