The term mortgage means by definition a contract through which a party, called the lender, delivers to another party, called the borrower, a certain amount of money or other fungible things.
According to the definition given in Article 1813 of the Civil Code, with the loan agreement the borrower undertakes to return as many things of the same type and quantity. In simpler words, the mortgage is a form of loan.
Let’s take a more practical example: through a mortgage, the bank (in this case lender) delivers to the requesting customer (borrower) a certain amount of money aimed, for example, at the purchase of a house .
Within a certain period of time established by the loan agreement, the borrower will have to repay the bank the entire sum "lent", plus any interest accrued in that period. In other words, the mortgage is a kind of financing.
