What is a Mortgage?

A mortgage is a loan secured against property, comprising a house and land.

 

 

Mortgage Application Loan Agreement, what is a mortgage? mortgage process, mortgage services, first time home buyers, slaney mortgages, mortgage agents, what is a mortgage?

 

 

There are two types of mortgages:

1. Hi-ratio: put less than 20% down on a purchase.

2. Conventional: put 20% down or more on a purchase.


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