Mortgage Explained & Why USA Stands first among the developed countries:
In general terms, Mortgage refers to a loan borrowed by a client to pay back after a certain period of time. It is a kind of process that legally allows the lender to have temporary rights on borrower’s property for a certain period of time. US mortgage industry is backed by Real estate procedure Act, 1973 whereby the underwriter decides on the process of loan hence based on a decision; they pass or reject the loans whatever it deems fit right according to the process. They g
