Terms Beginning With 'm'


  • January 22, 2020
  • Team Kalkine

Mortgage is a form of loan which involves use of property or real estate as a collateral, wherein the borrower receives cash straight away, and agrees to make the repayment in full over a set time span with a predetermined set of payments. Generally, mortgage is used by people and companies to make big purchases of real estate without having to pay the complete purchase price in one go.

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK