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A mortgage is a loan secured by immovable property registered in the land register. This method of financing the particularity that the property is a guarantee of payment debt. If you take out a mortgage to buy a building in case of trouble to repay your deadlines, the lender may take possession of this property to repay the remaining amount. A
mortgage allows the purchase of a residential building usually on payment terms and interest rates determined.
The traditional amortization period of a mortgage loan is 25 years. A
mortgage is essentially a bank loan. All existing schemes for a conventional loan (rate fixed, variable, in credit-fine, etc.) can therefore be applied to the mortgage, according to the agency that can offer you.
Important to know:

• a mortgage can sell his property being ready. In this case, the mortgage is either closed or transferred to another property with the consent of the bank.
• it is possible to repay a mortgage advance, just like a conventional loan. This point is governed by law.
• All banks do not offer this type of loan.