A mortgage is a legal agreement between yourself and the lender to borrow a specific amount of money necessary to buy your property. These loans have a repayment period and also stipulate the interest rate period over that repayment period.
Modified on: Wed, 12 Aug, 2020 at 3:58 PM
A mortgage is a legal agreement between yourself and the lender to borrow a specific amount of money necessary to buy your property. These loans have a repayment period and also stipulate the interest rate period over that repayment period.