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What is the security required for home loans?

mahindra-finance-author

by Mahindra Finance

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June 22, 2023

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1 mins read

The security required for a loan would be an equitable or simple registered mortgage of the house being financed. The type of mortgage to be created will depend on the documents of title (ownership) being submitted/made available. After a preliminary examination of the papers submitted by an applicant, our legal officers will advise the type of mortgage that would be required.

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