Title: Mortgage Loan
|Date:||January 7, 2015|
|Length:||3 / 835|
|No of views:||0|
|Essay rating:||good 0, average 0, bad 0 (total score: 0)|
The mortgage or Deed of Trust is the financial agreement to pledge the property as security and gives the right to the Mortgagee to foreclose in cases of default.
In US a mortgage loan is granted for purchase of a property if it is for own use. In case the purchase of property is not for own use a real estate loan is granted...
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In case the purchase of property is not for own use a real estate loan is granted.
In India a housing loan is granted for purchase of a dwelling unit irrespective of whether it is for own use or for rental/investment purpose. A mortgage loan is granted to borrowers against the pledge of already owned property...
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