LeahTerry replied to the topic What is the difference between a home loan, a mortgage loan, and a loan against in the forum General Leica Discussion 1 year, 3 months ago
So, let's break it down. A home loan is all about buying your dream home. The bank holds your property as collateral until you complete the payments. Once you're done, the property title is transferred back to you. It's like a long-term commitment to owning your own place! On the other hand, a loan against property is when you mortgage your…[Read more]