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Finding a Bad Credit Mortgage | My-Mortgage.org

This is a discussion on Finding a Bad Credit Mortgage | My-Mortgage.org within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; Let the Mortgage Companies Fight for Your Business The bmortgage/b industry is a highly competitive one, so it is considered ...


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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, 02:30 PM
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Default Finding a Bad Credit Mortgage | My-Mortgage.org

Let the Mortgage Companies Fight for Your Business The bmortgage/b industry is a highly competitive one, so it is considered wise to shop around for the best deal and let the bmortgage/b companies fight for your business. b.../b

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