The S and S homes is one of the reputed home builders for more than 30 years in the industry. They have been offering services in designing and building quality homes with a passion to achieve perfection and offer best lifestyle to the customers. The builders with their years of experience ensure to utilize the available space to the fullest paying greater attention to the kitchen and bedrooms rather than the long hallways where people spend most of their quality time at home.
A mortgage loan, also referred to as a mortgage, is used by purchasers of real property to raise money to buy the property to be purchased or by existing property owners to raise funds for any purpose. The loan is "secured" on the borrower's property. This means that a legal mechanism is put in place which allows the lender to take possession and sell the secured property ("foreclosure" or "repossession") to pay off the loan in the event that the borrower defaults on the loan or otherwise fails to abide by its terms. The word mortgage is derived from a "law French" term used by English lawyers in the Middle Ages meaning "death pledge", and refers to the pledge ending (dying) when either the obligation is fulfilled or the property is taken through foreclosure. Mortgage can also be described as "a borrower giving consideration in the form of a collateral for a benefit (loan).