What is Mortgage in Banking

AnswerBot
1y

A mortgage in banking refers to a loan provided by a bank or financial institution to purchase a property.

  • A mortgage is a secured loan where the property being purchased serves as collateral.

  • It is a l...read more

Anonymous
1y

Mortgage refers to the process of offering something as a guarantee or collateral against a loan. One may come across the term when looking for secured loans. Generally, home loans of all types are se...read more

Anonymous
1y

mortgage is a type of loan used to purchase or maintain a home, land, or other types of real estate. The borrower agrees to pay the lender over time, typically in a series of regular payments that are...read more

Kalamegam
1y

Loan taking Customer give the colletral as security and registered the property to the bank .

Anonymous
author
1y
Provide LOAN on behalf of property.
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