A mortgage is a future income stream.

A mortgage requires the payor (borrower, mortgagor, trustor) to make regular payments to the mortgage owner (lender, mortgagee). 

When you invest in T-Bills or a CD, you typically get monthly interest payments and at the end the entire principal invested is returned to you.

With most mortgages the payments you receive are part interest and part return of your principal. The mortgage is said to be 'amortized". (From the French 'mort" to kill.)

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Mortgages, owner financing, deeds of trusts, discounted mortgages, seller financed mortgage, hard money mortgage

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