Mortgage
|
|
A mortgage is the transfer of
an interest in property (or the equivalent in law - a charge) to a
lender as a security for a debt - usually a loan of money. While a
mortgage in itself is not a debt, it is the lender's security for a
debt. It is a transfer of an interest in land (or the equivalent)
from the owner to the mortgage lender, on the condition that this
interest will be returned to the owner when the terms of the
mortgage have been satisfied or performed. In other words, the
mortgage is a security for the loan that the lender makes to the
borrower. |
|
|
|
This comes from the Old French "dead
pledge," apparently meaning that the pledge ends (dies) either when
the obligation is fulfilled or the property is taken through
foreclosure. In most
jurisdictions mortgages are strongly associated with loans secured
on real estate rather than on other property (such as ships) and in
some jurisdictions only land may be mortgaged. A mortgage is the
standard method by which individuals and businesses can purchase
real estate without the need to pay the full value immediately from
their own resources. See mortgage loan for residential mortgage
lending, and commercial mortgage for lending against commercial
property.
|
More related links
about Mortgage
|
|
|
|
Mortgage Lender |
A
mortgage
broker works as a conduit between the buyer and the
lender, the
loan officer typically works directly for the
lender.
...
|
|
Mortgage Loan |
A
mortgage loan
is a loan
secured by real property through the use of a document which
evidences the existence of the
loan and the
encumbrance of that ...
|
|
Mortgage Broker |
A
mortgage broker
acts as an intermediary who sells mortgage loans on behalf of
individuals or businesses. Traditionally, banks and other lending
...
|
|
Mortgage Calculator |
Mortgage
calculators are used to help a current or potential real estate
owner determine how much they can afford to borrow to purchase a
piece of real ...
|
|
Mortgage Advice |
Mortgage advice
to help you select a lender and choose the best home mortgage for
your needs. Learn the facts about mortgages before you apply for a
...
|
|
Home Mortgage
|
American
Home Mortgage
Investment Corporation (Pink Sheets: AHMIQ) was the 10th largest
retail mortgage
lender in the United States and was structured as a
|
|
Mortgage Job |
Job search
for all mortgage
underwriter jobs.
Be the first to apply for
mortgage
underwriter jobs.
All USA jobs.
mortgage
underwriter jobs
updated daily.
|
|
Mortgage Financial |
Mortgage Financial,
Inc. in Tewksbury, Massachusetts offers
Mortgage,
Home Loan, Refinance and other lending services at great rates.
|
|
Equity Mortgage
|
growing
equity mortgage
- definition of growing
equity mortgage
- Mortgage which has a fixed interest rate and increasing monthly
payments.
|
|
Mortgage Bank |
A
Mortgage bank
specializes in originating and/or servicing
mortgage
loans. A mortgage
bank is a state-licensed
banking
entity that makes
mortgage loans ...
|
|
Mortgage Sale |
Mortgage
Short Sale -
Definition of
Mortgage Short
Sale on
Investopedia - The
sale of a property by a financially distressed borrower for
less than the ...
|
|
Mortgage Insurance |
Lenders
Mortgage Insurance
(LMI), also known as Private
mortgage insurance
(PMI) in the US, is insurance payable to a lender or trustee for a
pool of ...
|
|
Mortgage Rate |
An adjustable
rate mortgage
(ARM) is a
mortgage loan where the interest
rate on the
note is periodically adjusted based on a variety of indices. ...
|
|
Mortgage Company |
Ameriquest
Mortgage was
a private company
held by ACC Capital Holdings, ... Ameriquest was among the
first mortgage
companies to use computers to search for ...
|
|
Mortgage Interest |
A home
mortgage interest
deduction allows taxpayers who own their homes to reduce their
taxable income by the
interest paid
on the loan which is secured by ...
|
|
Mortgage Quotes |
Mortgage Quote
can be defined as the total costs and benefits associated with a
mortgage. Mortgage
quote can be more helpful than simply a mortgage rate ...
|
