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Proprietary Reverse Mortgages, Understanding the Proprietary

Proprietary Reverse Mortgages, Understanding the Proprietary

This is a discussion on Proprietary Reverse Mortgages, Understanding the Proprietary within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; The proprietary reverse bmortgage/b is a unique type of reverse bmortgage/b loan offered by a private company or institution. Proprietary ...

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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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11-18-2008, 12:48 AM

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Proprietary Reverse Mortgages, Understanding the Proprietary ...

The proprietary reverse bmortgage/b is a unique type of reverse bmortgage/b loan offered by a private company or institution. Proprietary reverse bmortgages/b offer the same benefits as traditional reverse bmortgages/b, while allowing the borrower b.../b

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