The borrowers use to secure a mortgage loan through house, land, and vehicle.
A mortgage is an agreement between you and the lender that gives the lender the right to acquire your property if you do not repay the borrowed money and interest. Mortgages are used to buy a home or borrow money for the value of a home you already own. 7 things to look for in a mortgage.
The term "loan" can be used to describe a financial transaction in which one party receives a lump sum and agrees to repay the money. A mortgage is a type of loan used to finance real estate. Mortgages are a type of loan, but not all loans are mortgages. Mortgages are "secured" loans.
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Answer:
On the other hand, the Americans had many intangible advantages.
The British fought a war far from home. Military orders, troops, and supplies sometimes took months to reach their destinations. The British had an extremely difficult objective. They had to persuade the Americans to give up their claims of independence. As long as the war continued, the colonists' claim continued to gain validity. The geographic vastness of the colonies proved a hindrance to the British effort. Despite occupying every major city, the British remained as at a disadvantage.
Americans had a grand cause: fighting for their rights, their independence and their liberty. This cause is much more just than waging a war to deny independence. American military and political leaders were inexperienced, but proved surprisingly competent.
The war was expensive and the British population debated its necessity. In Parliament, there were many American sympathizers. Finally, the alliance with the French gave Americans courage and a tangible threat that tipped the scales in America's favor.
SOURCE: http://www.ushistory.org/us/11a.asp
It forced the sons to respect their father through fear of an extremely harsh punishment, though I'm not sure. Hope I helped. Good luck!!
