grant a mortgage
The Spanish phrase 'conceder una hipoteca' translates to 'grant a mortgage' in English. This phrase is commonly used in legal and banking contexts, where it refers to the process of giving an individual permission to borrow a certain amount of money which is secured against property. This is done with specified terms and conditions outlined in a contract, which may include the repayment schedule, interest rates, and potential consequences if the borrower fails to meet their obligations.
The bank decided to grant a mortgage to the family.
This phrase illustrates a situation where a bank agrees to provide financial support in the form of a mortgage to a family, allowing them to purchase a home.
The granting of a mortgage can be a complicated process.
Here, the phrase points out that obtaining a mortgage often involves various steps and requirements, highlighting the complexity of such financial transactions.
To grant a mortgage, the bank assesses the financial stability of the applicant.
This example emphasizes the bank's need to evaluate an applicant's financial situation before approving a mortgage, ensuring that the borrower is capable of meeting the repayment terms.