Mortgage Definition Closeup Showing Property Loan

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Posted on October 31, 2018 at 12:41 PM



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Recent Posts For Mortgage Definition Closeup Showing Property Loan

What Is a Mortgage Lien? - Budgeting Money
A mortgage lien is a form of conditional ownership of your property claimed by your home loan provider. Since your lender has a claim on your home, you need to keep up with your payment obligations or risk losing your property to foreclosure.
What Is a Mortgage Lien? - FindLaw
A mortgage is the security that lenders hold in support of a loan for the purchase of real estate. In common conversation, most people conflate mortgages with the actual loans made to purchase the real estate but, strictly speaking, a mortgage is not a loan.
B2-1.4-02: Mortgage Loan Eligibility (12/19/2017)
For mortgage loans that are more than four months old from the date of the note and mortgage to the date the loan is sold to Fannie Mae, the current value of the property cannot be less than the original value.

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