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Earning Purchasing Mortgage Points versus Investing

Earning Purchasing Mortgage Points versus Investing

This is a discussion on Earning Purchasing Mortgage Points versus Investing within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; There are slight variations to the structure and intricacies of home mortgages around the world, and one concept that seems ...

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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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09-18-2008, 02:02 PM

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Earning Purchasing Mortgage Points versus Investing

There are slight variations to the structure and intricacies of home mortgages around the world, and one concept that seems for the most part to be unique to the US is the mortgage points system. These points come in two main types, ...

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