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What Is a Mortgage?

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  • What Is a Mortgage?

    What Is a Mortgage what is its use?

  • #2
    Re: What Is a Mortgage?

    Wait a moment you will get answer as soon as possible there are many expert in this group i hope they will help you
    hindustan property - home for sale in mumbai

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    • #3
      Re: What Is a Mortgage?

      I just want to know please tell me.

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      • #4
        Re: What Is a Mortgage?

        A loan that is secured by property or real estate is called a mortgage. In exchange for funds received by the homebuyer to buy property or a home, a lender gets the promise of that buyer to pay back the funds within a certain time frame for a certain cost.
        hindustan property - home for sale in mumbai

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        • #5
          Re: What Is a Mortgage?

          thanks for the information i am looking forward the same

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          • #6
            Re: What Is a Mortgage?

            most welcome if you need any kind of information feel frees to ask
            hindustan property - home for sale in mumbai

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            • #7
              Re: What Is a Mortgage?

              The word mortgage is defined from Latin so if you want the real meaning of mortgage is as follows. Mort-Gage. Literally translated Mort means death Gage which means pledge. mortgage = death pledge

              Hope this helps and technically it is financing secured on a property but the real meaning is as per the above.

              Ged
              http://www.premierexpatmortgages.com
              [email protected]

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              • #8
                Re: What Is a Mortgage?

                Mortgage means charging a property (real property to be exact) to the creditor by the debtor but of course with the condition that it shall be paid within a period of time. There are mortgage brokers and lenders who can help you if you want to avail a home mortgage.

                Hope this helps.
                There's no place like home. So, I make sure I choose the right home for me here.

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                • #9
                  Re: What Is a Mortgage?

                  Originally posted by Amstead View Post
                  thanks for the information i am looking forward the same
                  Are you planning to mortgage something or to buy a mortgage property?
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                  • #10
                    Re: What Is a Mortgage?

                    A mortgage is a loan that a lender gives you to help finance the purchase of a home. It is most beneficial to lend approximately 80% of the value of your home or less. The home you buy serves as security in exchange for the money you are credit to fund the home loan. A payment comprises of four parts: principal, interest, taxes and insurance. It is normally paid from month to month.
                    Kingswood Properties-Estate and Letting Agents in Preston

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