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Blanket Mortgage Needed to Acquire 4 Multi-Family Bldgs

Blanket Mortgage Needed to Acquire 4 Multi-Family Bldgs

This is a discussion on Blanket Mortgage Needed to Acquire 4 Multi-Family Bldgs within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; I can do this with Fannie Mae but need to know more info email me at wesnichols@johnsoncapital.com . Send me ...

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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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10-03-2008, 06:14 AM

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Blanket Mortgage Needed to Acquire 4 Multi-Family Bldgs

I can do this with Fannie Mae but need to know more info email me at wesnichols@johnsoncapital.com. Send me rent roll, pictures, operating history for the last 2 year and 2008 year to date. Also send me your contact info.

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acquire, blanket, bldgs, mortgage, multifamily, needed

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