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This is a discussion on Mortgage Loan Calculators - Home Loan Calculators - LoanWeb within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; Mortgage Loan Calculators - Home Loan Calculators - LoanWeb Looking for a loan calculator? LoanWeb offers a mortgage loan calculator ...


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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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Old 04-01-2008, 10:40 PM
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Mortgage Loan Calculators - Home Loan Calculators - LoanWeb Looking for a loan calculator? LoanWeb offers a mortgage loan calculator and a home loan calculator to help you. You can also find mortgage rates and more. ...

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