Mortgage Dictionary - Collateral

Master the language of Swedish mortgages and real estate. From belåningsgrad (loan-to-value) to handpenning (earnest money) – understand every term you'll encounter when buying a home in Sweden.

Selected Tag: Collateral

C

🇸🇪PantCollateral (security, pledge)
Collateralrequirements
The property as guarantee for the loan. If you don't pay, the bank can ultimately sell the property.

H

🇸🇪HypotekHypothec (mortgage security)
Collateralvacation-homerequirementshouse
Another word for pledge in real property. Mortgages are sometimes called hypothec loans.

L

🇸🇪PanträttLien (security interest, charge)
Collateralvacation-homerequirementshouse
The bank's right to claim the property if you don't pay the loan. This is why mortgage rates are low - the bank has security.

R

🇸🇪RelaxationRelease of lien (partial release, mortgage release)
Collateralvacation-homehouse
When the bank releases the pledge on part of a property, for example when subdividing and selling a plot.