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Mortgage Loan
Essay specific features
Written by:
Maria R
Date added:
July 13, 2014
Level:
University
Grade:
A
No of pages / words:
3 / 835
Was viewed:
8134 times
Rating of current essay:
Essay content:
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...
displayed 300 characters
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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...
displayed 300 characters
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