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Learning About Arizona Home Mortgage Loan Rates

Learning About Arizona Home Mortgage Loan Rates

This is a discussion on Learning About Arizona Home Mortgage Loan Rates within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; The Department of Financial Institutions - The best place to inquire about Arizona home mortgage loan rates the best place ...

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Mortgage Know-How A mortgage is the transfer of an interest in property (or the equivalent in law - a charge) to a lender as a security for a debt - usually a loan of money. While a mortgage in itself is not a debt, it is the lender's security for a debt. It is a transfer of an interest in land (or the equivalent) from the owner to the mortgage lender, on the condition that this interest will be returned to the owner when the terms of the mortgage have been satisfied or performed. In other words, the mortgage is a security for the loan that the lender makes to the borrower.

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03-18-2008, 05:40 AM

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Learning About Arizona Home Mortgage Loan Rates

The Department of Financial Institutions - The best place to inquire about Arizona home mortgage loan rates the best place to start is the AZDFI. The AZDFI is a government establishment responsible for the support of consumers as well ...

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