Dan"/>

Metroplex Mortgages

Jump to content.

Real Estate Mortgage

Mortgage in the past 6-7 years has become very popular and firmly established in our lives. Banks vying offer mortgage loan products. The government creates and develops state-federal program for the development of mortgages in country. But what is it? Incomprehensible words, behind which the money, people, banks, bonds, debt, housing … If climb into the jungle of history, a mortgage in ancient Greece was called a wooden stake or pole, which were driven by boundary of the land and meant that the owner of the site took the money in the debt, but left as a deposit, this plot of land.

Mortgage and translated, as collateral. Much water has flowed under the bridge since then. And the system of collateral, and bank system changed, and the term remained. Currently, the mortgage is called a mortgage, which is the collateral for the loan obligations. In other words, if you take a bank loan, as well as security, mortgage property, then it will be a mortgage, a mortgage loan will be. Currently, the majority of the population, including many professional real estate market participants, according to mortgage or mortgage loans, only those that seek to purchase flats with bank loans. It's not quite true. Here is a list of loan products offered by banks: Acquisition of flats in the secondary market, the purchase of apartments in the primary market, mortgages for the purposes of repair or home improvement, mortgages for the purchase of other real estate mortgages and get money for any purpose; Purchase of individual residential houses, land acquisition, construction of individual houses, real estate acquisition; Deposit commercial real estate.

Sorry, the comment form is closed at this time.


Read more

«
»