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Difference between bank loan and mortgage

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A bank loan is a general term for any loan provided by a bank, which can be used for various purposes like personal expenses, business needs, or purchasing assets. It may be secured or unsecured, with repayment terms and interest rates varying based on the loan type. A mortgage, specifically, is a type of secured bank loan used to purchase real estate, where the property serves as col... https://mortgageloanapplyonline.com/

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