Mortgage in Tagalog

What is the translation of word Mortgage in Tagalog/Filipino ?

Meaning of   Mortgage in Tagalog is : sangla

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Defenition of word Mortgage

  • the charging of real (or personal) property by a debtor to a creditor as security for a debt (especially one incurred by the purchase of the property), on the condition that it shall be returned on payment of the debt within a certain period.
  • convey (a property) to a creditor as security on a loan.

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Other meanings of Mortgage

Examples

If you have personal debt, such as a line of credit used for investment purchases, consider converting this debt into a personal mortgage on real estate.