A common example of a securities specialist is a real estate mortgage or an act of trust. Under these agreements, a borrower mortgages residential real estate as collateral for the repayment of the residential home loan to the lender. In addition, the mortgage agreement includes the amount of money the mortgage lent to the mortgage (the so-called investor), as well as all issues related to the payment, including interest rate, maturity dates and advance. A mortgage agreement contains the details of the Mortgagors and the mortgage borrower, information about the property and any additional clauses that Mortgagor must comply with during the mortgage agreement. In addition to a mortgage deed and an act of trust, there are other types of commonly used deeds. Each offers different levels of protection during a real estate transaction. Make sure you have chosen the right type of deed for the sale or transfer of your land or land. In a security agreement, the debtor guarantees the transaction with his own property as collateral. Common examples of collateral are bank accounts, stocks, bonds, inventory, equipment, receivables, cars, art and jewellery. If the debtor does not repay in accordance with the agreement, the creditor (also known as an insured party) can retain or sell the security. A mortgage contract is a contract between a borrower (called mortgagor) and the lender (which is called the mortgage lender) that creates a right of bet on the ground to ensure repayment of the loan. With a conventional bank, the lender is a „big bank” with a long list of requirements for its borrowers. In the case of a private or alternative mortgage, the lender may be a family member or a confident friend who earns more interest on his excess capital than a traditional savings account while helping a loved one.

However, private mortgages are risky. Family members might think that they will be easily forgiven if they miss one or two payments. And higher interest rates and faster amortization conditions, combined with borrowers who do not have proven results, can lead to many defaults.