shamirsmith0 shamirsmith0

09-06-2017
Mathematics

contestada

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

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courtneyt15 courtneyt15

09-06-2017

a mortgage, hope this helped :)

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athleticregina athleticregina

03-01-2019

Answer:

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

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.

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