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Types of Real Estate Loans
Real Estate loans come in many forms - mortgages are the most common.
In some states, the form of security may be called a trust deed,
others prefer to use the land contract. All these security instruments
are basically the same, regardless of the form they take.
What is a mortgage?
A mortgage is a lien
instrument that generally involves two parties:
The MORTGAGOR or LENDER
The MORTGAGEE or
BORROWER

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