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Science and Spirituality: Reverse mortgage can help you from debtThis is a discussion on Science and Spirituality: Reverse mortgage can help you from debt within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; I happen to listen to the comments on reverse bmortgage/b and is nothing but the loan against your home that ... |
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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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I happen to listen to the comments on reverse bmortgage/b and is nothing but the loan against your home that you do not have to pay back for as long as you live in your home. There is a site called reverse-bmortgage/b-information.org, b.../b
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| debt, mortgage, reverse, science, spirituality |
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