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Tips to Find a Bad Credit Mortgage Refinance LoanThis is a discussion on Tips to Find a Bad Credit Mortgage Refinance Loan within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; Negotiate the bmortgage/b refinance loan that suits your needs. Many times the compensation a lender makes on refinancing a bmortgage/b ... |
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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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12-05-2008, 03:42 PM
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Tips to Find a Bad Credit Mortgage Refinance Loan
Negotiate the bmortgage/b refinance loan that suits your needs. Many times the compensation a lender makes on refinancing a bmortgage/b is dependent on the terms of the bmortgage/b so it is up to you to make sure that the loan received is the b.../b
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