Life mortgage

Verified 08 December 2021 - Directorate for Legal and Administrative Information (Prime Minister)

A life mortgage is a loan granted in exchange for a mortgage on a dwelling-place. It's a combination of life and mortgage. There are 2 life mortgage forms: there is the loan with repayment of principal and all interest at the end of the contract and the loan with periodic repayment of interest throughout the contract. Currently, this loan is marketed only by specialized institutions.

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