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General mortgage

General mortgage - Definition A Mortgage which covers not a specific property, but all the mortgageable properties of the borrower. With a mortgage of this kind, the debt is secured with the use of multiple assets. Also known as a blanket mortgage, the Range of assets will vary,

What is General mortgage?

General mortgage - Definition A Mortgage which covers not a specific property, but all the mortgageable properties of the borrower. With a mortgage of this kind, the debt is secured with the use of multiple assets. Also known as a blanket mortgage, the Range of assets will vary,

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