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    Bluesea's Avatar
    Bluesea Posts: 9, Reputation: 1
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    #1

    Oct 8, 2010, 05:13 PM
    What is the difference between a mortgage loan and a finance lease?
    Is there a difference between a mortgage loan and a finance lease?
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
    		  
    #2

    Oct 8, 2010, 05:23 PM

    A mortgage is a loan secured by real estate. A finance lease is an agreement for purchase of a capital asset where one party purchases the asset then leases it to a second party.
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