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Monday, July 5, 2021

Mortgage loan

A
mortgage loan or simply mortgage is a loan used either by purchasers of real property to raise funds to buy real estate, or alternatively by existing property owners to raise funds for any purpose while putting a lien on the property being mortgaged.

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Mortgages work

How Mortgages Work Individuals and businesses use mortgages to buy real estate without paying the entire purchase price upfront. The borrowe...