Social Sciences, asked by karamchand410, 7 months ago

what do you mean by the term mortage

Answers

Answered by khushpreet50

Explanation:

mortgage is a loan – provided by a mortgage lender or a bank. ... While it's possible to take out loans to cover the entire cost of a home, it's more common to secure a loan for about 80% of the home's value. The loan must be paid back over time.

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Answered by Anonymous

Answer:an agreement that allow you to borrow money from a bank or similar organisation is especially in order to buy the house or the amount money itself :

A monthly motorage payment.

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