Hierarchy view
mortgage loans
Description
Description
The financial system of acquiring money by property owners or prospective property owners, in which the loan is secured on the property itself so that the property can be repossessed by the lender in the absence of payments due by the borrower.
Alternative Labels
credit on real estate
home loan
homeowner's loan
mortgage loan
mortgage loans
Skill type
knowledge
Skill reusability level
cross-sector skills and competences
Relationships
Broader concepts
Essential for
Concept URI
Status
released