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What is a mortgage loan. A mortgage loan is used to finance a real estate purchase. The lender provides the borrower with the funds needed to complete the property purchase. The borrower agrees to fully repay the loan with regular payments that cover principal and interest, spread out over a set number of years.

If the borrower fails to make the agreed-upon payments, the lender has the right to take possession of the property. Are mortgage loans public record. Mortgage loans are public record.

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Wounded Warrior Project® (WWP) serves veterans and service members who incurred a physical or mental injury, illness, or wound, co-incident to their military service on or after September 11, 2001 and their families. How can the WWP Resource Center help you.

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