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Commercial Mortgage Refinance – Recent Closing

Commercial Mortgage Refinance – Recent Closing

This is a discussion on Commercial Mortgage Refinance – Recent Closing within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; Commercial Finance Advisors is pleased to announce a recent commercial bmortgage/b refinance. The property is an office condo in Atlanta, ...

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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, 03:03 AM

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Commercial Mortgage Refinance – Recent Closing

Commercial Finance Advisors is pleased to announce a recent commercial bmortgage/b refinance. The property is an office condo in Atlanta, Georgia. Loan amount $1250000. The borrowers business occupied 100% of the office condo. b.../b

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closing, commercial, mortgage, recent, refinance

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