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5 Reasons Why Debt Consolidation Mortgage Will Save You MoneyThis is a discussion on 5 Reasons Why Debt Consolidation Mortgage Will Save You Money within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; The problem that many modern day consumer has to face is that there are just so many different types of ... |
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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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11-25-2008, 03:41 PM
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5 Reasons Why Debt Consolidation Mortgage Will Save You Money
The problem that many modern day consumer has to face is that there are just so many different types of loans in the market!
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| consolidation, debt, money, mortgage, reasons, save |
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