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A mortgage, also referred to as a mortgage loan, is an agreement between you (the borrower) and a mortgage lender to buy or refinance a home without having all the cash upfront. This agreement gives lenders the legal rights to repossess a property if you fail to meet the terms of your mortgage by not repaying the money youu2019ve borrowed plus interest.
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Mortgage Financial Solutions | Refinance Personal Loans A mortgage, also referred to as a mortgage loan, is an agreement between you (the borrower) and a mortgage lender to buy or refinance a home without having all the cash upfront. This agreement gives lenders the legal rights to repossess a property if you fail to meet the terms of your mortgage by not repaying the money you’ve borrowed plus interest. Mortgages are “secured” loans. With a secured loan, the borrower promises collateral to the lender in the event that they stop making payments. Visit Fastgrow Finance to learn more about Mortgage Financial solutions at - https://www.fgfin.com.au/about-us