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Community group offers mortgage help

Community group offers mortgage help

This is a discussion on Community group offers mortgage help within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; 23 aimed at helping homeowners having trouble making their mortgage payments. The workshop will be held from 8:30 to noon ...

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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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08-14-2008, 06:09 PM

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Community group offers mortgage help

23 aimed at helping homeowners having trouble making their mortgage payments. The workshop will be held from 8:30 to noon at the Wilde Lake Interfaith Center, 10431 Twin Rivers Rd. Sponsored by People Acting Together in Howard, ...

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