A mortgage is a loan from a bank or other financial institution that helps a borrower purchase a home. The collateral for the mortgage is the home itself, meaning that if the borrower doesn't make monthly payments to the lender and defaults on the loan, the bank can sell the home and recoup its money.
- Higher Mortgage Loan amount avalibility.
- Low processing time.
- Accountability of transaction.
- Tough repayment timeline.
- Lower rate of intrest for loan.