What is Mortgage & Mortgage loan

Answer Posted / mannu

Mortgage is a secured by a property or house & paid in
installments over a set period of time.
Mortgage loan is the amount of money taken from
lender(bank)by keeping the property as a security.

Is This Answer Correct ?    23 Yes 3 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Zee Ltd. uses material—A for the production of Product M. The safety stock of material A is 300 units; the supplier quotes a delivery delay of two or three weeks. If the company uses 500 to 800 units a week according to the activity levels, the re–order level of material–A will be A. 2300 units; B. 2400 units; C. 2700 units; D. 28 units.

2567


What is the Accounts Payable & Accounts Receivable ?

1716


HOW MUCH LATEST ACCOUNTING STANDARDS , TDS RATE , INCOME TAX RATE, EXCISE , VAT , SERVICE TAX & FBT RATES? (PLS. ARRANGE TO SEND THE RATES FOR ABOVE IN CATAGORY & LIMIT WISE)

2998


Entrance Exam question & Answer required

1508


What Is Depreciation, and from which date do we charge Depreciation for an asset ?

1654






Expand-------NABT

1379


Expand CCIT?

2005


can u let me know how the bankers calculate interest on O.D.account

1498


Expand---------OTMD

2013


Why you choose commerce faculty & not science or Why you are in commerce & not in science ?

1671


what is joint venture?

1661


WHY LOSS IN BUSINESS IS SHOWN IN ASSETS SIDE OF BALANCE SHEET? WHY EXCISE DUTY IS DEDUCTED FROM THE GROSS SALES TO ARRIVE NET SALES? WHY SALES TAX IS NOT DEDUCTED FROM SALES TO ARRIVE NET SALES?

2039


why do you want to work here?

1698


You have joined company yesterday then you are Appling B1 visa today. why so urgent.

1698


helo sir, i want to know the writen exam pattern for finance and accounts ang general apptitude test of ongc.

1593