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First Time Home Buyers Can get a Mortgage!!This is a discussion on First Time Home Buyers Can get a Mortgage!! within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; The fact is that mortgage money is as available today as it was a year ago and loans are being ... |
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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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The fact is that mortgage money is as available today as it was a year ago and loans are being made this very moment with little or no money down. And, no, platinum credit isn’t required. You just need to know where to look. ...
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| buyers, home, mortgage, time |
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