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  • 31-05-2022
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What happens when the terms of the loan are satisfied

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ayokenny2001
ayokenny2001 ayokenny2001
  • 02-06-2022

A document called release of mortgage will be availed when the terms of the loan are satisfied.

What is a mortgage?

A mortgage is an agreement the borrower and a lender in which the lender can take back his or her property should the borrow fail to pay back the money borrowed.

Hence, a document called release of mortgage will be availed when the terms of the loan are satisfied.

Learn more about mortgage here: https://brainly.com/question/22598793

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