Mortgage Security InformationMortgage Security • March 14th, 2019
You agree to use your property as security, should motusbank loan you money to buy or refinance a real estate property. If you don’t pay or honour the terms of your mortgage loan, motusbank can take legal action against your property and even sell it to get its money back. The agreement will be registered – by motusbank at the land registry office – as a charge against your property. The key features of your motusbank conventional or collateral charge are spelled out below.
