Mortgaging is a condition in which a person will be able to get some amount of the money as a loan term, with some kind of the property being given as the security for the lender. Mortgage is a process in which a borrower lends some amount of the money from the lender with some kind of the property as a security for the lender for assuring the return of the money in the proper amount of the time. The mortgaging can end up as a good option or a bad option depending upon the way in which the person is able to select it. Selection of a correct plan will help greatly in achieving the best results, whereas the wrong choice of the plan will end up in even more financial crunch situation.