What is a loan?

When it comes to mortgage usually means the mortgage, which is what lights to buy a house and which are secured by a mortgage on a property. The Bank requires you to mortgage the property as security for the loan allowing them to make claims on the property.

The disbursement of a loan, however, is also based on the income of those who turn , And then on his actual ability to repay the debt without compromising the family's economic balance.

After 20 years on the mortgage loan, if terminated, will be automatically canceled and can be renewed for another 20 years. The mortgage will expire automatically after 30 days from the last installment is paid or may be canceled before, in the case of early repayment of the loan.
Thanks to the Bersani law n. 248 of August 4, 2006 the mortgage you can erase with a simple communication Conservatory without the obligation of the deed.