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Subprime Mortgage Loan Scams | My-Mortgage.org

This is a discussion on Subprime Mortgage Loan Scams | My-Mortgage.org within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; Low Refinance Rates at your Fingertips Want to save money on paying your bmortgage/b? Want to know how? Well, refinancing ...


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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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Old 12-07-2008, 12:24 PM
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Low Refinance Rates at your Fingertips Want to save money on paying your bmortgage/b? Want to know how? Well, refinancing is the best solution to that. However, it is not applicable to all situations. b.../b

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