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Mortgage - what is it? The meaning of a word, definition, origin, translation

What is Mortgage?

Mortgage (emphasis on "e") is a long-term target loan for the purchase of real estate , the pledge for which is the property itself purchased. The mortgage loan is one of the most complex banking instruments, although it is by no means the most profitable from the bank's point of view. Since the mortgage is a risky loan, insurance is necessarily attached to it, which puts an additional burden on the borrower.




The mortgage is listed: Finance


You learned where the word " Mortgage " came from in simple words, its translation and meaning.
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