30.03.2023 - 13:59

How do you say mortgage in Spanish?

Question:

How do you say mortgage in Spanish?

Answers (1)
  • electroRock
    April 3, 2023 в 01:54

    In Spanish, mortgage is commonly referred to as "hipoteca". The word "hipoteca" is derived from the Greek word "hypothēkē" which means "pledge" or "deposit".

    A mortgage is a type of loan used to purchase a property where the lender holds the property as collateral until the borrower pays off the loan. Mortgages are commonly used to buy homes or commercial properties. In Spanish-speaking countries, the process of obtaining a mortgage is similar to that of English-speaking countries, with the main difference being the use of the Spanish language in the documentation and communication.

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