A mortgage taken as collateral security to a promissory note
A loan evidenced by a promissory note and backed by the collateral security of a mortgage on a property. The money borrowed is generally used for a purpose other than the purchase of a home, such as a vacation, or home renovations.
A mortgage which secures a loan by way of a promissory note. The money which is borrowed can be used to buy a property or for another purpose such as home renovation or for a vacation.
A mortgage that secures a loan by way of a promissory note. The money borrowed can be used to buy a property or can be used for another purpose, such as a home renovation or a vacation.
A mortgage which secures a loan by way of a promissory note. The money borrowed can be used for the purchase of a home, or more commonly for another purpose such as a vacation, or home renovations.
A loan secured by a mortgage, but the money can be used for buying a property or for any other purpose.
Provides security over real estate when loans are provided for purposes other than, or in addition to, the purchase of the land. This type of mortgage often secures a revolving loan. Also sometimes referred to as a “Home Equity Loan†or an “Equity Take Out Mortgageâ€.
A loan backed by a promissory note and the security of a mortgage on a property. The money borrowed may be used for purposes such as home renovations or a vacation.
A loan which is secured by some sort of written note of indebtedness (such as a Promissory Note) which is secondarily secured by a mortgage registered against a property.
The mortgage registered to document collateral security.
