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Refinance Right: Refinance Your Home Mortgage at 90% LTV of

This is a discussion on Refinance Right: Refinance Your Home Mortgage at 90% LTV of within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; Helpful resources on how to not get taken on a Mortgage or Condo Refinance. Including Tips, How Tos, and advice ...


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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 12-09-2008, 03:41 AM
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Helpful resources on how to not get taken on a Mortgage or Condo Refinance. Including Tips, How Tos, and advice articles all relating to home bmortgage/b and condo refinancing.

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