Mortgage Loan
Services
Mortgage Loan
The Saanvii team has the capabilities to manage all facets of construction management from project management on new facilitiy development to simple tenant improvements. Our team will manage the projects from beginning to end.
A mortgage loan is used either by purchasers of real property to raise funds to buy real estate, or alternatively by existing property owners to raise funds for any purpose, while putting a lien on the property being mortgaged. The loan is "secured" on the borrower's property through a process known as mortgage origination. This means that a legal mechanism is put into place which allows the lender to take possession and sell the secured property (repossession) to pay off the loan in the event the borrower defaults on the loan or otherwise fails to abide by its terms. The word mortgage is derived from a term used. A mortgage can also be described as "a borrower giving consideration in the form of a collateral for a benefit (loan)".