Secured vs. Unsecured Loan Loans is often secured or unsecured. Mortgages and motor vehicle loans are secured loans, as they are both backed or secured by collateral. In these instances, the collateral may be the asset for which the loan is taken out, Therefore the collateral for any mortgage is https://loan-amortization89999.collectblogs.com/74428196/top-guidelines-of-loan-underwriting