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How Much Mortgage Can I Really Afford? | climatebusiness.comThis is a discussion on How Much Mortgage Can I Really Afford? | climatebusiness.com within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; When it comes to buying a home, everything can be a bit confusing. To start with you may have no ... |
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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, 04:33 AM
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How Much Mortgage Can I Really Afford? | climatebusiness.com
When it comes to buying a home, everything can be a bit confusing. To start with you may have no idea how much a home really costs. Sure bmortgage/b companies will tell you it is only $665 a month for a $100000 home.
More... (Source: Google Blog Search) 
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| afford, climatebusinesscom, mortgage |
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