An asset that is pledged as security for a loan. The borrower risks losing the asset if the loan is not repaid according to the terms of the loan agreement. In the case of a mortgage, the collateral would be the real property.
Get in Touch
Want more information? Have a deal you'd like to discuss? Let us know!
Give us a ring
407-476-2500
Mon – Fri, 9:00am – 6:00pm ET
E-mail us
[email protected]