Mortgage Loan     —— 15 %

A Mortgage Loan Is A Loan Secured By Real Property Through The Use Of A Mortgage   Note Which Evidences The Existence Of The Loan And The Encumbrance Of That Realty Through The Granting Of A Mortgage Which Secures The Loan. However, The Word Mortgage Alone, In Everyday Usage, Is Most Often Used To Mean Mortgage Loan. A Home Buyer Or Builder Can Obtain Financing (A Loan) Either To Purchase Or Secure Against The Property From A Financial Institution,

The Main Purpose Of The Mortgage Loan Is To Construction Or Purchase Of Independent House Or Flat, Repayment Of Existing Housing Loan, Repair / Improvement/ Extension Furnishing/ Renovation Of House Property.

 

 



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