Commercial banks provide long-term
mortgage loans to borrowers (consumers) to purchase houses/land. The ownership
of the {{U}}(61) {{/U}} remains in mortgagee and the possession of
property usually remains in {{U}}(62) {{/U}} unless and until the
occurrence of default or full repayment. Maturity of such loans is usually 30
years and the interest rates are {{U}}(63) {{/U}} Maximum amount of such
loans is {{U}}(64) {{/U}} of the property value, and the balance should
be paid {{U}}(65) {{/U}} as down
payment.