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Is It Time For A New Second Mortgage \| California Construction

Is It Time For A New Second Mortgage | California Construction

This is a discussion on Is It Time For A New Second Mortgage | California Construction within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; If You Get A Call From Your Mortgage Lender Mortgage CompanyFederal and State laws are on the side of those ...

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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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11-30-2008, 11:43 PM

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Is It Time For A New Second Mortgage | California Construction ...

If You Get A Call From Your Mortgage Lender Mortgage CompanyFederal and State laws are on the side of those who are in the unfortunate state of receving.

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