1194 - What Is a Mortgage Default? By Samantha Hawrylack

Borrowing a mortgage is a big responsibility. When you’re an investor, lenders take serious precautions to ensure you can afford it, but many borrowers still default. A mortgage default can greatly hurt your credit and future chances of purchasing real estate, even for your own use. So what is a mortgage default, and how does it work?  Learn more about your ad choices. Visit megaphone.fm/adchoices