Definition: "Mortgage Zimbabwe" is a term used to describe mortgage loans that are typically taken by individuals or businesses in Zimbabwe. The term "mortgage Zimbabwe" refers specifically to mortgages offered through local banks, which are located in the country. The purpose of these type of mortgages is to help people acquire housing and secure a steady income without borrowing money from financial institutions. It allows homeowners with lower incomes to purchase homes or improve their existing properties without having to take out loans. "Mortgage Zimbabwe" also refers to mortgage loans taken by individuals and businesses in the country, and it could include any form of home loan taken for different purposes such as buying a house, renovating an existing property or securing personal finances. The term "mortgage Zimbabwe" can be used in conjunction with other terms like "mortgage loans Zimbabwe" which refers to mortgages offered in Zimbabwe. The definition of mortgage Zimbabwe is a mortgage loan that is specifically made available by local banks and other financial institutions in the country, allowing individuals to take out these types of loans for different purposes such as buying houses or refinancing existing properties.
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