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And what is mortgage? A mortgage is the pledg

 
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Joezer
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Joined: 24 May 2006
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PostPosted: Mon May 26, 2008 3:19 am    Post subject: And what is mortgage? A mortgage is the pledg Reply with quote
A <b>mortgage</b> is the pledging of a property to a lender as a security for a <b>mortgage loan</b>. While a <b>mortgage</b> in itself is not a debt, it is evidence of a debt. It is a transfer of an interest in land, from the owner to the <b>mortgage</b> lender, <b>...</b>

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