Understanding Homeownership with a Mortgage: What You Need to Know

Many people ponder whether holding a mortgage affects their status as true homeowners. This article delves into the nuances of homeownership when a mortgage is involved, exploring legal rights, financial implications, and how a mortgage impacts the sense of ownership. Readers will find practical insights on differentiating legal title and equitable interest, along with tips to reinforce the homeowner mindset even with ongoing loan payments.