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Except in those few states in the United States that adhere to the title theory of mortgages, either Oklahoma City Mortgage a mortgage or a deed of trust will create a mortgage lien upon the title to the embodied property being mortgaged |
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| The lien is said to "attach" to the title when the mortgage is signed by the mortgagor and delivered to the mortgagee and the mortgagor receives the funds whose repayment the mortgage secures. |
Mortgage lending will also take into narrative the (perceived) riskiness of the mortgage loan, that is, the likelihood that the funds will be repaid (usually studied a function of the creditworthiness of the borrower); that if they are not repaid, the lender will be able to foreclose and recoup some or all of its original capital; and the financial, hobby duty risk and continuance delays that may be involved in certain circumstances.
