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CAN BUYERS STILL GET A MORTGAGE FOR PROPERTY IN THE LAKE GENEVA AREA?

CAN BUYERS STILL GET A MORTGAGE FOR PROPERTY IN THE LAKE GENEVA AREA?

This is a discussion on CAN BUYERS STILL GET A MORTGAGE FOR PROPERTY IN THE LAKE GENEVA AREA? within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; Bayside Pointe Condominium unit in Williams Bay, WI. Bayside Pointe Condominium unit in Williams Bay, WI. I had a closing ...

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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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11-17-2008, 12:56 AM

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CAN BUYERS STILL GET A MORTGAGE FOR PROPERTY IN THE LAKE GENEVA AREA?

Bayside Pointe Condominium unit in Williams Bay, WI. Bayside Pointe Condominium unit in Williams Bay, WI. I had a closing this week on a condominium unit a Bayside Pointe in Williams Bay. It was a very neat and clean 2 bedroom, b.../b

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