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Certification Course

Understanding Mortgages and Home Equity

Learn about the concepts of assets, liabilities and equity in relation to obtaining a mortgage form a financial institution to purchase a house

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Description

This free online mortgages and home equity course will discuss the crucial relationship between mortgages and home equity.

Your mortgage payments pay off your debt to the bank, while your home equity is how much of your home you actually own. With this course, you will learn how home equity is calculated by taking the appraised value of your home and subtracting the balance remaining on your mortgage. Get started, today.