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What is Mortgage loan

Posted by Stephen C.
4
Jun 12, 2021
21 Views
A mortgage loan is a type of secured loan, which is given by banks or other financial entities against the residential or commercial property of the borrowers. The borrowers may use the amount collected while keeping the property as collateral until repayment of the loan for various purposes like the expansion of the business, money for the education of their children, payment of medical expenses, and more.
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