What is a mortgage?

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asked Aug 19, 2018 74.6k views

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Starmaster · Answer 1 · 2018-08-23T16:09:52+0000

a legal agreement by which a bank or other creditor lends money at interest in exchange for taking title of the debtor's property, with the condition that the conveyance of title becomes void upon the payment of the debt.

What is a mortgage?

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