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Life In The Country: NAA Life’s Mortgage Insurance

This is a discussion on Life In The Country: NAA Life’s Mortgage Insurance within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; I have been thinking lately about bmortgage/b insurance. If something happen to me then how would my daughter be able ...


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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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Old 11-22-2008, 07:13 PM
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Default Life In The Country: NAA Life’s Mortgage Insurance

I have been thinking lately about bmortgage/b insurance. If something happen to me then how would my daughter be able to keep the house with the amount I owe on it. That is why I feel like a bmortgage/b protection insurance plan would be a b.../b

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