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What are the types of mortgage loans?

The types of mortgages are: 1. Real estate mortgage; 2. Chattel mortgage; 3. Rights mortgage; 4. ***Same mortgage is also called collective mortgage, which refers to the guarantee for the same claim, but several A mortgage set on different properties is actually a collection of various security types and is not a legal mortgage method; 5. The maximum amount of mortgage refers to the agreement between the mortgagor and the mortgagee that within the maximum amount, Collateral guarantees claims that occur continuously within a certain period.

Legal Basis

Article 394 of the "Civil Code" To guarantee the performance of a debt, the debtor or a third party does not transfer possession of the property and mortgages the property to the creditor If the debtor fails to pay due debts or the circumstances agreed by the parties to realize the mortgage rights occur, the creditor shall have the right to receive priority payment for the property. The debtor or third party specified in the preceding paragraph is the mortgagor, the creditor is the mortgagee, and the property providing guarantee is the mortgaged property.