{"id":31797,"date":"2015-06-14T10:35:48","date_gmt":"2015-06-14T17:35:48","guid":{"rendered":"https:\/\/lenpenzo.com\/blog\/?page_id=31797"},"modified":"2025-03-28T13:34:32","modified_gmt":"2025-03-28T20:34:32","slug":"mortgage-basics","status":"publish","type":"page","link":"https:\/\/lenpenzo.com\/blog\/mortgage-basics","title":{"rendered":"Mortgage Basics"},"content":{"rendered":"<p><a href=\"https:\/\/lenpenzo.com\/blog\/wp-content\/uploads\/2015\/05\/mortgage-basics.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright wp-image-31474\" src=\"https:\/\/lenpenzo.com\/blog\/wp-content\/uploads\/2015\/05\/mortgage-basics.jpg\" alt=\"mortgage basics\" width=\"376\" height=\"242\" srcset=\"https:\/\/lenpenzo.com\/blog\/wp-content\/uploads\/2015\/05\/mortgage-basics.jpg 640w, https:\/\/lenpenzo.com\/blog\/wp-content\/uploads\/2015\/05\/mortgage-basics-300x193.jpg 300w, https:\/\/lenpenzo.com\/blog\/wp-content\/uploads\/2015\/05\/mortgage-basics-50x32.jpg 50w\" sizes=\"auto, (max-width: 376px) 100vw, 376px\" \/><\/a>Here is a complete listing for my 25-part no-nonsense quick-read series on everything you need to know about mortgages. Each of these articles are designed to be read in 45 seconds or less:<\/p>\n<ol>\n<li><a href=\"https:\/\/lenpenzo.com\/blog\/id31473-what-is-a-mortgage-2.html\" target=\"_blank\" rel=\"noopener\">What is a Mortgage?<\/a><\/li>\n<li><a href=\"https:\/\/lenpenzo.com\/blog\/id31758-how-do-mortgage-fees-work-2.html\" target=\"_blank\" rel=\"noopener\">How do Mortgage Fees Work?<\/a><\/li>\n<li><a href=\"https:\/\/lenpenzo.com\/blog\/id31839-what-are-mortgage-points-2.html\" target=\"_blank\" rel=\"noopener\">What are Mortgage Points?<\/a><\/li>\n<li><a href=\"https:\/\/lenpenzo.com\/blog\/id31857-what-is-an-arm-mortgage-2.html\" target=\"_blank\" rel=\"noopener noreferrer\">What is an ARM Loan?<\/a><\/li>\n<li><a href=\"https:\/\/lenpenzo.com\/blog\/id31866-what-is-a-fixed-rate-mortgage-2.html\" target=\"_blank\" rel=\"noopener noreferrer\">What is a Fixed Rate Mortgage?<\/a><\/li>\n<li><a href=\"https:\/\/lenpenzo.com\/blog\/id31870-should-i-get-a-fixed-rate-mortgage-or-an-arm-2.html\" target=\"_blank\" rel=\"noopener noreferrer\">Should I Get a Fixed Rate Mortgage or an ARM?<\/a><\/li>\n<li><a href=\"https:\/\/lenpenzo.com\/blog\/id31878-what-is-an-fha-loan-2.html\" target=\"_blank\" rel=\"noopener noreferrer\">What Is an FHA Loan?<\/a><\/li>\n<li><a href=\"https:\/\/lenpenzo.com\/blog\/id31883-what-is-a-va-loan-2.html\">What Is a VA Loan?<\/a><\/li>\n<li><a href=\"https:\/\/lenpenzo.com\/blog\/id32340-how-big-should-my-mortgage-down-payment-be-2.html\">How Big Should My Mortgage Down Payment Be?<\/a><\/li>\n<li><a href=\"https:\/\/lenpenzo.com\/blog\/id32338-how-much-can-i-afford-to-borrow-for-a-new-home-2.html\">How Much Can I Afford to Borrow for a New Home?<\/a><\/li>\n<li><a href=\"https:\/\/lenpenzo.com\/blog\/id32343-what-is-the-best-way-to-find-my-credit-score-2.html\" target=\"_blank\" rel=\"noopener\">What Is the Best Way to Find My Credit Score?<\/a><\/li>\n<li><a href=\"https:\/\/lenpenzo.com\/blog\/id32345-how-do-i-determine-the-biggest-monthly-payment-that-i-can-afford-2.html\" target=\"_blank\" rel=\"noopener\">How Do I Determine the Biggest Monthly Payment I Can Afford?<\/a><\/li>\n<li><a href=\"https:\/\/lenpenzo.com\/blog\/id32347-what-is-the-lowest-mortgage-down-payment-i-can-get-away-with-2.html\">What Is the Lowest Down Payment I Can Get Away With?<\/a><\/li>\n<li><a href=\"https:\/\/lenpenzo.com\/blog\/id32349-what-is-mortgage-refinancing-and-why-should-i-consider-it-2.html\" target=\"_blank\" rel=\"noopener\">What Is Mortgage Refinancing and Why Should I Consider It?<\/a><\/li>\n<li><a href=\"https:\/\/lenpenzo.com\/blog\/id32351-5-reasons-why-refinancing-a-mortgage-makes-sense-and-3-that-dont-2.html\" target=\"_blank\" rel=\"noopener\">5 Reasons Why Mortgage Refinancing Makes Sense (and 3 That Don&#8217;t)<\/a><\/li>\n<li><a href=\"https:\/\/lenpenzo.com\/blog\/id32355-how-does-the-homebuying-process-work-2.html\">How Does the Homebuying Process Work?<\/a><\/li>\n<li><a href=\"https:\/\/lenpenzo.com\/blog\/id32353-how-do-i-refinance-a-mortgage-2.html\">How Do I Refinance a Mortgage?<\/a><\/li>\n<li><a href=\"https:\/\/lenpenzo.com\/blog\/id32357-should-i-pay-off-my-mortgage-early-2.html\">Should I Pay Off My Mortgage Early?<\/a><\/li>\n<li><a href=\"https:\/\/lenpenzo.com\/blog\/id32359-how-can-i-get-a-mortgage-if-i-have-bad-credit-2.html\">How Can I Get a Mortgage If I Have Bad Credit?<\/a><\/li>\n<li><a href=\"https:\/\/lenpenzo.com\/blog\/id32361-what-is-a-mortgage-broker-and-is-one-right-for-you-2.html\">What Is a Mortgage Broker (and Is One Right for You)?<\/a><\/li>\n<li><a href=\"https:\/\/lenpenzo.com\/blog\/id32364-is-mortgage-interest-tax-deductible-2.html\">Is Mortgage Interest Tax Deductible?<\/a><\/li>\n<li><a href=\"https:\/\/lenpenzo.com\/blog\/id32366-what-is-a-subprime-mortgage-2.html\">What Is a Subprime Mortgage?<\/a><\/li>\n<li><a href=\"https:\/\/lenpenzo.com\/blog\/id32372-how-do-i-get-preapproved-for-a-mortgage-2.html\" target=\"_blank\" rel=\"noopener noreferrer\">How Do I Get Prequalified for a Mortgage?<\/a><\/li>\n<li><a href=\"https:\/\/lenpenzo.com\/blog\/id32370-how-do-i-get-prequalified-for-a-mortgage-2.html\" target=\"_blank\" rel=\"noopener noreferrer\">Is It Better to Be Prequalified or Preapproved for a Mortgage?<\/a><\/li>\n<li><a href=\"https:\/\/lenpenzo.com\/blog\/id32372-how-do-i-get-preapproved-for-a-mortgage-2.html\" target=\"_blank\" rel=\"noopener noreferrer\">How Do I Get Preapproved for a Mortgage?<\/a><\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"<p>Here is a complete listing for my 25-part no-nonsense quick-read series on everything you need to know about mortgages. Each of these articles are designed to be read in 45 seconds or less: What is a Mortgage? How do Mortgage Fees Work? What are Mortgage Points? What is an ARM Loan? What is a Fixed [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":90,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_mo_disable_npp":"","pmpro_default_level":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"class_list":{"0":"post-31797","1":"page","2":"type-page","3":"status-publish","5":"pmpro-has-access","6":"entry"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v27.6) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Mortgage Basics<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/lenpenzo.com\/blog\/mortgage-basics\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Mortgage Basics\" \/>\n<meta property=\"og:description\" content=\"Here is a complete listing for my 25-part no-nonsense quick-read series on everything you need to know about mortgages. 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