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4 years ago

A loan given to people who are purchasing real estate is called a

Mathematics

2 answers:

erica [24]4 years ago

7 0

Answer:

A loan given to people who are purchasing real estate is called a <u>MORTGAGE.</u>

Step-by-step explanation:

Mortgage is the loan given to people who are purchasing real estate ( example- house , property etc ) and if the borrower fails to repay the loan in specific period of time the lender has the right to possess his/ her property.

Thus, A loan given to people who are purchasing real estate is called a MORTGAGE.

Deffense [45]4 years ago

3 0

A mortgage, hope this helped :)

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