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Afina-wow [57]
2 years ago
15

A mortgage is a legal agreement between a borrower and a

Business
2 answers:
Karo-lina-s [1.5K]2 years ago
8 0

A mortgage is a legal agreement between a borrower and a lender.

The mortgage loan agreement  sets the terms of the contract between a lender and a borrower: it gives the borrower access to the money but  also grants the lender the right to take possession of the mortgaged property if the borrower does not pay the loan's installments.

djyliett [7]2 years ago
7 0
Lender
which is usually the bank
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