A mortgage is the biggest investment in most people's lives and should be treated as that. Please consult a mortgage professional to understand what a mortgage is and what is at stake when obtaining a mortgage.

Interest paid on a real property mortgage, is considered a Tax write off.

You can have multiple mortgages on one property. Many homeowners have a 2nd mortgage, but it's not impossible to have even a third mortgage..

When you payoff the mortgage the lien gets released.

A document that legally promises a property to the lender as security for repayment of a loan. Some states, instead of mortgages, call them First Trust Deeds.

A mortgage can be secured through a local bank, a private investor or a mortgage broker.