Real Estate FAQ's

Question: How do mortgages work?

Contact an Iowa real estate lawyer representing clients in Cedar Falls, Iowa today to schedule your initial consultation.


Answer:  A mortgage is a loan provided by a bank or other lender, where the collateral is real estate to be purchased using that loan. State laws often vary in their interpretation of mortgage procedure. In addition, mortgages can carry a fixed or adjustable rate of interest. Some government programs provide mortgage assistance to veterans or other qualified individuals. In addition, real estate owners can take on additional mortgages to meet financial needs. Any mortgage is open to foreclosure if the real estate owner fails to make payments.


If you would like to schedule a initial consultation contact an Iowa real estate attorney, representing clients in Cedar Falls, Iowa at the Brown, Kinsey, Funkhouser & Lander, P.L.C.. Give us a call at (641) 423-6223 or email us at This email address is being protected from spambots. You need JavaScript enabled to view it.