A mortgage is the part of financial institution and not all mortgages comes under this category. Private mortgages come from a non-institution via secondary mortgage market, the existing mortgage has been sell off the servicing rights to other financial institution.
Types of Mortgages
1. Simple Mortgage
2. Mortgage by conditional sale
3. English Mortgage
4. Usufruct Mortgage
5. Mortgage by deposit of title of deeds.