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An adaptable mortgage Posted By : Michael Challiner \| My-Mortgage.org

An adaptable mortgage Posted By : Michael Challiner | My-Mortgage.org

This is a discussion on An adaptable mortgage Posted By : Michael Challiner | My-Mortgage.org within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; An adaptable bmortgage/b Posted By : Michael Challiner Re-mortgaging can bring many advantages. Apart from the fact that there should ...

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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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12-07-2008, 05:41 PM

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An adaptable mortgage Posted By : Michael Challiner | My-Mortgage.org

An adaptable bmortgage/b Posted By : Michael Challiner Re-mortgaging can bring many advantages. Apart from the fact that there should be a saving on your bmortgage/b payments, there s a choice of interesting new bmortgage/b types. b.../b

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