Mortgage Loan Definition Of

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Posted on September 22, 2018 at 10:28 AM

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Recent Posts For Mortgage Loan Definition Of

Mortgage financial definition of mortgage
Mortgage. A mortgage, or more precisely a mortgage loan, is a long-term loan used to finance the purchase of real estate. As the borrower, or mortgager, you repay the lender, or mortgagee, the loan principal plus interest, gradually building your equity in the property.
Definition of MORTGAGE LOAN - Merriam-Webster
: a loan secured by a mortgage on real property Love words? You must — there are over 200,000 words in our free online dictionary, but you are looking for one that’s only in the Merriam-Webster Unabridged Dictionary.
Mortgage loan legal definition of mortgage loan
Mortgage. A legal document by which the owner (i.e., the buyer) transfers to the lender an interest in real estate to secure the repayment of a debt, evidenced by a mortgage note.

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