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Great Tips on Refinance Mortgage Loan : Credit Repair Attorney

This is a discussion on Great Tips on Refinance Mortgage Loan : Credit Repair Attorney within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; Comparing lenders would certainly help you find the best deal on refinancing, but those numbers can get pretty confusing, especially ...


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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 11-25-2008, 10:20 PM
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Default Great Tips on Refinance Mortgage Loan : Credit Repair Attorney

Comparing lenders would certainly help you find the best deal on refinancing, but those numbers can get pretty confusing, especially when you are to investigate.

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