Registration of Mortgage for home loan

Gayathri (Querist) 24 November 2015 This query is : Resolved
Hi
I understand that we have mostly 2 types of mortgage : Registered Mortgage & Equitable mortgage for securing home loan.
My queries are
1) which of this Attract MOD charges paid to state govt?
2) should the property be mortgaged within the jurisdiction of the registrar under which the property is registered? Ex: i buy a property registered in Tamil nadu, but get loan sactioned in Karnataka where the MOD charges are remitted to Karnataka govt.
3) HDFC Bank follows which type of mortgage? Are there any caveats here?

Thanks in advance for clarifying my questions..

Best Regards
Gayathri

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P. Venu (Expert) 25 November 2015
Please post the real issues, if any.

Rajendra K Goyal (Expert) 26 November 2015
1. Equitable Mortgage.
2. Registered Mortgage within the jurisdiction where the property is situated, equitable mortgage where property is situated.
3. Both type of Mortgages.