Want to create an interactive transcript for this episode?
Podcast: BiggerPockets Daily
Episode: What Is a Mortgage Default? By Samantha Hawrylack
Description: Borrowing a mortgage is a big responsibility. When you’re an investor, lenders take serious precautions to ensure you can afford it, but many borrowers still default.A mortgage default can greatly hurt your credit and future chances of purchasing real estate, even for your own use.So what is a mortgage default, and how does it work? Learn more about your ad choices. Visit megaphone.fm/adchoices