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Term: Mortgage
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Author: VR SAM™ Military Real Estate Experts | Resources Created: 3/6/2014
Joe and Deb Gladden Veteran Realty Serving America's Military, Inc. Certified Military Relocation Professional

Where Does the Money Come From for Mortgage Loans?

By Joe and Deb - VR SAM on 3/10/2014

In the "olden" days, when someone wanted a home loan they walked downtown to the neighborhood bank or savings & loan. If the bank had extra funds laying around and considered you a good credit risk, they would lend you the money from their own funds.

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