Understanding Home Loans - Mortgages 101

Video Transcript for Hearing Impaired

Getting a mortgage can be a complex process, especially for a first-time home buyer. When you're looking at your loan options, you'll want to find out the difference between mortgage types so that you'll know which is best for you and fits comfortably into your monthly budget.

Sometimes the best way to learn about a process is to see it through the eyes of someone who has experienced it. So we sat down with Christine Chin, a first time homebuyer in New York City. She described the steps in the process, and what she learned along the way.