A mortgage is a loan used to purchase real estate property, where the property itself serves as collateral for the loan.
Type of Mortgages introduced by BM Lease:
Portfolio Acquisition: where BML acquires a group of units from a real estate developer through buying the future receivables rights at a discount and collecting the future face value as they fall due.
Retail Mortgage: a home loan provided directly to individuals for purchasing or refinancing residential properties.
Commercial Mortgage: used for business properties.
