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16 June, 12:36

What is a mortgage?

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  1. 16 June, 12:38
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    A mortgage is a loan made by a bank or a specialized mortgage lender given to a buyer in order to purchase a house. A mortgage is a legal agreement between the bank and the buyer in which the bank lends money to the buyer to purchase the house, and the buyer agrees to pay back the money in full with an agreed upon interest rate.
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