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Dreaming of owning a home in Boston? For many, a mortgage loan is the key to making that dream a reality. Online mortgage loans offer a convenient way to explore your options, compare rates, and apply for the financing you need from the comfort of your home. This guide will walk you through what a mortgage is, how the application process works, and the different types of loans available.

What is a Mortgage Loan?

A mortgage is essentially a loan used to purchase real estate, where the property itself serves as collateral for the debt. In simpler terms, it's an agreement where a lender provides you with funds to buy a home, and in return, you pledge the property as security. If you fail to repay the loan according to