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Mortgage
01
ипотека
an official contract or arrangement by which a bank gives money to someone as a loan to buy a house and the person agrees to repay the loan over a specified period, usually with interest
Example
They took out a mortgage to buy their first house in the suburbs.
The bank approved their mortgage application based on their credit history and income.
The monthly mortgage payments include principal and interest, as well as property taxes and insurance.
to mortgage
01
закладывать
to offer a bank or other financial institutions a property of high value in exchange for a loan
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