According to the financial dictionary, A mortgage, or more precisely a mortgage loan/financing, is a long-term loan used to finance the purchase of real estate. As the borrower, or mortgager, you repay the lender, or mortgagee, the loan principal plus interest, gradually building your equity in the property. When the loan has been repaid in full, the property is yours.
Home ownership is an investment option that is encouraged. Investing in property is a popular way to build your wealth over time. Property is a familiar and tangible investment that is easy to research and understand. It can also seem less volatile than other investments.
There is a sea of information on Investing in property, pros and cons of home ownership as an investment option as well as tips on how to invest in property and alternative ways to invest in property.
For a starting point, here is a list of property investments resources you can consider;