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TopHomeMortgageLoan.com Blog: The Green Housing Revolution and

TopHomeMortgageLoan.com Blog: The Green Housing Revolution and

This is a discussion on TopHomeMortgageLoan.com Blog: The Green Housing Revolution and within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; Things in the world are changing at an extremely fast paced. The home that you live in now could look ...

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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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12-01-2008, 03:16 AM

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TopHomeMortgageLoan.com Blog: The Green Housing Revolution and ...

Things in the world are changing at an extremely fast paced. The home that you live in now could look extremely different in the next ten years.

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