Residential Mortgages
A residential mortgage is the term used to describe lending secured by a residential property. The borrowings can be in the name of individuals or entities such as Companies or Trusts, but the common point is that the security is on a home (rather than a commercial building or farm). The purpose of the loan can be for just about anything; from debt consolidation to funding for unplanned expenses, from buying a first home to property investment.
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