The Wikipedia article on the mortgage loan, used to describe the mortgage industry built around it. This description is adapted from Wikipedia contributors under CC BY-SA 4.0; changes were made. https://creativecommons.org/licenses/by-sa/4.0/
Facts
Citation
PublisherWikipedia
URLhttps://en.wikipedia.org/wiki/Mortgage
Source TypeEncyclopedia
Assessment
Reliability Tier2
Sources
Wikipedia, Mortgage
Wikipedialead sectionQuote, lead section
A mortgage loan or simply mortgage, in civil law jurisdictions known also as a hypothec loan, is a loan used either by purchasers of real property to raise funds to buy real estate, or by existing property owners to raise funds for any purpose while putting a lien on the property being mortgaged.
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Disposition By Topic
- Sources, 5 claims: 5 well-attested.
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