Posted on: 28th Oct, 2008 09:22 pm
what is mortgage
Hi shaminaebrahimk!
A mortgage can be defined as a written pledge which is signed by a borrower when a real estate loan is made to him/her. These documents give the lenders the right to take possession of the property if the borrower defaults his loan payments.
Thanks.
A mortgage can be defined as a written pledge which is signed by a borrower when a real estate loan is made to him/her. These documents give the lenders the right to take possession of the property if the borrower defaults his loan payments.
Thanks.
That's a question most of wall street is asking themselves right now.
Hi,
Mortage is a conditional conveyance of property as security for the repayment of a loan.
A mortgage loan is a type of financial loan providing financial institutions or the individuals, such as lending money to the borrower with the security of a real property ,real estate etc
Regards
Dilip
Mortage is a conditional conveyance of property as security for the repayment of a loan.
A mortgage loan is a type of financial loan providing financial institutions or the individuals, such as lending money to the borrower with the security of a real property ,real estate etc
Regards
Dilip
good response, chris.