Discover what a first mortgage is, its importance as a primary lien, key requirements, and tax benefits. Learn how it compares with a second mortgage and explore real-life examples.

In real estate, first-lien loans (primary mortgages) let you finance a home purchase, while second-lien loans (home equity loans or HELOCs) let you tap your home’s value for cash. The holder of the ...

Buying your first home can feel like a huge leap. With rising home prices, a competitive housing market, and the weight of all those extra costs, it's easy to feel overwhelmed. Over half of ...