A mortgage is a method of using property (real or personal) as security for the payment of a debt.
The term mortgage (from Law French, lit. dead pledge) refers to the legal device used in securing the property, but it is also commonly used to refer to the debt secured by the mortgage, the mortgage loan.
In most jurisdictions mortgages are strongly associated with loans secured on real estate rather than other property (such as ships) and in some cases only land may be mortgaged. Arranging a mortgage is seen as the standard method by which individuals and businesses can purchase residential and commercial real estate without the need to pay the full value immediately. See mortgage loan for residential mortgage lending, and commercial mortgage for lending against commercial property.
In many countries it is normal for home purchases to be funded by a mortgage. In countries where the demand for home ownership is highest, strong domestic markets have developed, notably in Spain, the United Kingdom and the United States.
Subscribe to:
Post Comments (Atom)
2 comments:
Good day.
I'm Godswill Okpabio,I own an International Financial Lending Firm i just want to inform you all that i have started offering 2% interest rate loan to everyone,Are
you a business man or woman? Do you need finance to start your own business? Do you need loan to settle your debt or pay off your bills or start a nice business? Do you need finance for your project? We Offers guaranteed loan services of any amount and to any part of the world for (Individuals,Companies, Realtor and Corporate Bodies) at our superb interest rate at 2% interest rate contact us for the loan application form thanks as we await to hear from you and our customer care representatives are always there to render our best and fast service to all our customers for more information kindly send us a reply via email you are require to contact this email .( godswillokpabioloanworld@gmail.com )
Respectively Yours,
Tean Godswill Okpabio Loans PVT LMT.
Good day Sir/Madam,
This message is to inform you that MIKE MORGAN LOAN FINANCIER offer all types of L0ANS @ 3% annual rate. Are you in need of financing of any type? Business, Mortgage, Personal etc. Any interested Applicants should get back to US VIA
EMAIL: muthooth.finance@gmail.com
Call or add us on what's App +91-7428831341
Post a Comment