Answer:
require a down payment in general.
Step-by-step explanation:
A mortgage is mainly used to finance the purchase of homes and other high-value properties. Auto loans, as the name suggests, are for the purchase of motor vehicles. Both are credit facilities used in buying fixed assets.
In general, most asset financing options will require the borrower to put in a deposit. This is because the assets require a large amount of money, and lenders prefer to share that risk with the borrower. The deposit also indicates the borrower's commitment to the loan transactions.