Definition: The word "mortgage school" refers to a type of educational institution that provides financial education for borrowers who are planning or have already purchased real estate. These schools typically offer courses on how to manage credit, understand different types of mortgages, and other aspects of the mortgage process. Mortgage school can take many forms, depending on the specific needs and objectives of the borrower. Some common examples include: - Online courses: Many borrowers choose to attend online courses offered by various institutions. These courses are typically self-paced and can be accessed from anywhere with an internet connection. - In-person classes: Some institutions offer in-person classes where students can meet with a teacher or instructor in person. This can provide more hands-on experience and personalized attention. - Study groups: Many borrowers join study groups to discuss their experiences and questions. These groups often provide resources, support, and encouragement for the borrower's progress. The definition of "where was mortgage school" typically refers to the specific location where the loan or mortgage is originated or received. For example, if a borrower purchases a house in a certain state, they may attend a mortgage school located in that state. Similarly, if a borrower has recently purchased a home and is considering buying another one, they may attend a mortgage school in a different area. It's important to note that the definition of "where was mortgage school" can vary depending on the specific requirements of the loan or mortgage and the borrower's personal circumstances.
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