An advance of funds to a borrower secured by the pledge of specific real estate. The pledge ends when the debt is discharged.
Loan made against the security of fixed property.
a loan that uses real estate as security or collateral to provide for repayment should you default on the loan.
a loan for purchasing of or refinancing of a home
a loan, often by a bank, that people use to purchase a home
a loan secured against the value of your home
a loan secured on a real property, in which the real property serves as a collateral to provide for repayment in case of inability on the part of the debtor to pay back the loan
a loan taken for purchasing a property, wherein that property is ke
a loan taken out in order to purchase a house or business property
a loan that is secured with a lien on real property
a loan which is secured by the collateral of a specified real estate property
a loan which is taken against mortgage on real property
a loan with a real guarantee that, building materializes in the mortgage of a good in favor of the Bank or Box that gives the money
a method of financing in which the real estate serves as collateral for the debt repayment
a temporary loan until repayment of a mortgage or the house is sold
a temporary loan until Successful Real Estate Broker Theodore Hansson will split the profits from lucrative real estate deals in your area
The type of loan you get to buy a home. You must repay the loan with interest in a specific amount of time.
A loan that utilizes the borrower’s property as security, or collateral, to provide for repayment should they default on the terms of the loan. The mortgagor (buyer) promises to repay the principal and interest, to keep the home insured, to pay all taxes, and to keep the property in good condition.
Consumer real estate credit, usually extended on a long-term basis with the mortgaged property as security.
A self-amortizing loan that is collateralized by a residential or commercial property.
A consumer loan secured by residential real estate, usually the borrower's primary residence. May be used to purchase or refinance a home or property, with payments usually spread over 15 to 30 years.
A loan used for the purchase of a home. The home serves as security, or collateral, for the loan.
An advance of funds from a lender, called the mortgagee, to a borrower, called the mortgagor, secured by real property and evidenced by a document called a mortgage. The mortgage sets forth the conditions of the loan, the manner and duration of repayment, and reserves to the mortgagee the right to repossess the pledged property if the mortgagor fails to repay any portion of principal and interest.
A loan which utilizes real estate as security or collateral to provide for repayment should you default on the terms of your loan. The mortgage or Deed of Trust is your agreement to pledge your home or other real estate as security.
Money lent for the purpose of buying real estate. Read more...
A loan for the purpose of buying a home. The four basic components are principal, interest, taxes and insurance (PITI).
A contract in which the borrower’s property is pledged as collateral and which can be repaid in installments over a long period. The mortgagor (buyer) promises to repay principal and interest, to keep the home insured, to pay all taxes, and to keep the property in good condition.
A loan that is secured by real estate, used for the purpose of purchasing or refinancing a home.
A loan agreement where the security is the borrower's real property. The mortgagor (borrower) agrees to repay the loan, and interest, and during the term of the mortgage (lender) to keep the home insured, to pay all taxes and to keep the property in good condition.
A loan whose repayment is secured by a lien against real property.
A loan which utilizes real estate as security or collateral to provide for repayment should the borrower default on the terms of the loan.
A loan for which real estate serves as collateral to provide for repayment in case of default.
A loan secured by a mortgage.
A loan used for the purchase of real estate. The property serves as security, or collateral, for the loan.
Return To Glossary Index A loan which uses real estate as security / collateral to provide for repayment if you default on the terms of the loan. The Mortgage or Deed of Trust is the agreement pledging the property as security.
A loan having the security of a lien on the borrower's real estate. To Top
The mortgage is your agreement to assure your property as security. The loan uses your property as collateral in case you default on the terms of the loan.
A loan which is collateralized (secured) by real estate.
A loan used to finance the lender beyond conventional interest payments as an incentive to grant a loan on income property. A mortgage kicker is typically an interest in equity or annual income. See also Debt, Loan.
A loan in which real estate acts as collateral to provide for repayment in case of default.
A short-term or long-term use of property or money with the consent of the owner of the property or money. Usually the loan of money has an agreed-to repayment schedule and an interest charge.
