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Leasehold Mortgages

Leasehold Mortgages

This is a discussion on Leasehold Mortgages within the Mortgage Calculator forums, part of the Mortgage and Loans Forum category; Leasehold mortgages are loans that are used to aid tenants in financing some type of project associated with land that ...

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12-22-2010, 04:07 AM

Eugine

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Leasehold Mortgages

Leasehold mortgages are loans that are used to aid tenants in financing some type of project associated with land that is leased. Often, this type of mortgage is helpful in providing the resources needed to erect a building or series of buildings on the leased land. For the most part, the lease on the land must be for a number of years before a lender will seriously consider approving the mortgage application.

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