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what is mortgage loan

Posted on: 10th Nov, 2006 12:55 am
i want to know of mortgage loans
Hi Mamatha,

Mortgage loans are home loans taken for the purchase of residential or commercial property. The property purchased is kept as the collateral for the repayment of the debt.

To know more about this kind of loan, you can go through our section on Mortgage. For an in-depth coverage of concepts related to this type of loan, you may go through our Guide for a better idea.

Thanks,

Sara.
Posted on: 10th Nov, 2006 01:18 am
I'd be happy to answer any questions, directly.
Posted on: 14th Nov, 2006 11:02 am
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