Difference between Equitable Mortgage and Registered Mortgage [O27AGQcCRC6]

Understanding the Types of Mortgages: Registered vs. Equitable Mortgage Secured loans require collateral, and in the case of property, it involves creating a charge. In India, there are two common types of mortgages. Let's explore the difference! Registered Mortgage: Formalizing the Commitment When opting for a registered mortgage, the borrower pays the mortgage duty and visits the registrar's office to officially register the mortgage deed. Learn how this process solidifies your commitment and protects your interests. Equitable Mortgage: Simplicity and Efficiency With an equitable mortgage, the borrower provides the original property documents. A mortgage deed is executed, and a notice of intimation is filed. Discover the benefits of this streamlined approach to securing your loan. Secure Your Future, Know Your Options: Whether you choose a registered mortgage or an equitable mortgage, understanding the nuances is essential when applying for a secured loan. Watch our video to gain valuable insights and make informed decisions. #fineazy #FineazyLoans #mortgage #registeredmortgage #equitablemortgage

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