What is a mortgage?
It is a type of loan which is secured against the property itself. It is called secured lending. If the borrower is unable to repay the loan or interest, the lender can take procession and sell the property to recover the loan.
It is a type of loan which is secured against the property itself. It is called secured lending. If the borrower is unable to repay the loan or interest, the lender can take procession and sell the property to recover the loan.