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Slang Definition: Mortgages 101
Definition: When you're going to buy a house (or any other property), you need to understand the ins and outs of how to get mortgage loans. Example Sentence: "So, I'm thinking about buying a house in the next few years. How do you handle the paperwork for getting a mortgage?" Edgy Example: Imagine a situation where someone says, "I have a mortgage because I'm afraid I won't be able to pay it back." (Note: This is not real life and does not apply to anyone.)
