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Mortgage Advisor - City of London(London, City Of London)

Mortgage Advisor - City of London(London, City Of London)

This is a discussion on Mortgage Advisor - City of London(London, City Of London) within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; Organisation Description My Client is one of the largest financial services groups in the world and is recognised as a ...

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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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08-25-2008, 03:27 AM

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Mortgage Advisor - City of London(London, City Of London)

Organisation Description My Client is one of the largest financial services groups in the world and is recognised as a leading mortgage provider, fina...

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