Understanding Mortgages: How to buy a house in the 21st century?

This is my series on, "How to buy a home in the 21st century?" I will be releasing this step by step guide on a weekly basis. If you have any questions or topics you'd like me to cover, please leave a comment below. In this episode I dive deep into understanding mortgages. 3:05 What is a mortgage? 5:54 Interest Rates vs APR 8:00 Who should you call to get pre-approved? 13:15 FHA vs Conventional 14:50 Fixed vs Variable Rates 18:58 BRRRR 19:58 PMI 21:48: HELOC Video Resources: My interview with a mortgage officer: https://www.youtube.com/watch?v=O8jZqZMiYjk&t=2461s  My video talking about calculating interest rates on loans: https://www.youtube.com/watch?v=p-51gEbeRLM BiggerPockets Explaining Mortgages: https://www.youtube.com/watch?v=NXIJflkeNbc  Dave Ramsey explains how you calculate monthly interest payments for a mortgage: https://www.youtube.com/watch?v=1JdCYPSQAg4  Article covering what determines your credit score: https://farmcreditcfl.com/resources/article/26-factors-determining-your-interest-rate