MORTGAGE LOANS

Mortgage loans:

The burden of housing loans, mortgage loans through a grant of security are evidence of the existence of real estate and housing loan notes using real estate secured loans mortgage. However, daily use is only, from mean mortgage mortgage loans are often used.

Buying a home buyer or Builder (loans) or directly from the property, banking and other financial institutions or indirectly through an intermediary protection funds are possible. Features such as the size of mortgage loans are very different pay-maturity loans, interest rates, loans and other characteristics.

It is home to provide funds in many countries, all (Indonesia Bali, an exception, but) purchases conventional mortgage loans. Most individuals to purchase sufficient savings or property right loose money. The demand for home ownership is the highest that has developed a strong domestic market in the country.

From hypothecation law "meaning to dead end clearly the obligation is satisfied if the oath (mold) or obtained through various phrases mean the property foreclosure.

Basics of mortgage lending:

Basic concepts and legal regulation:

According to its owner (usually the property owners concerned) interested (right to property) Orange British-American real estate law, housing loan, security or property mortgage loans occurred. So, the condition of housing mortgage loan the most socialite property (restricted) right only easements can make new loans, real estate, such as word mortgage referring to a loan secured on became is like.

Other types of loans, mortgage rates and setting time, usually 30-year amortization to intended. Real estate can you sort all often, mortgage and protection bear interest shown to reflect the risk lenders.

Mortgage lending is a mechanism for private ownership of residential and commercial assets in many countries (see commercial mortgages). Terminology and forms exactly change the country, but to interpret basic components tend to be.

• Property: funding was a house in physics. The exact form of ownership is different from the other countries to restrict the types of loans.
• Mortgages: possibly related to property use restrictions security interest of the lender, the disposal of real estate. Pay owe a debt of debt before selling the property buying limited home insurance, insurance, mortgages or claims.
• borrowers: who created the ownership of property or the borrower.
• Lender: any lender is usually a bank or other financial institutions. The lender their interest mortgage, mortgage-backed securities to investors. And wrapped in situations like this, original lender sells loan investors known as mortgage originator. Payments from the borrower that is collected in mortgage company then.
• Principal: the original size or some other costs; You do not include repayment of the principal lenders to size the move.
• Profits: lend financial royalties.
• foreclosures and foreclosure: to foreclose, repossess or in some cases to force properties in mortgage lending, mainly potential lenders. In this aspect, the loan may be different from other types of loans.

Some characteristics of a lot of other popular in many markets, but is a basic function of the above.Governments usually finance mortgage adjusts many aspects of (a legal requirement, for example) directly or indirectly (the participants or the regulation of financial markets, such as banking) and the Bank directly owned by the sponsors, the different entities of the Government loan is the intervention of the State. To identify a specific mortgage market and regional aspects, history, or may be driven by the characteristics of the legal and financial systems.

Mortgages are typically, recurring payments, as well as pension and, according to the time value of money formulas configured as long-term loans. The most basic arrangements depending on local conditions 10-over 30 years at a fixed monthly payment is needed. During this period the old mortgage loan principal () will slow to pay for depreciation. In fact, many subspecies in the world and in their respective countries and are common.