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The Mortgages Guide » Blog Archive » Getting Unfiltered Rate Quotes

This is a discussion on The Mortgages Guide » Blog Archive » Getting Unfiltered Rate Quotes within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; The service, called the bMortgage/b Simulator, takes advantage of data from TrueCredit’s parent company, TransUnion, one of the major credit ...


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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, 06:01 AM
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Default The Mortgages Guide » Blog Archive » Getting Unfiltered Rate Quotes
The service, called the bMortgage/b Simulator, takes advantage of data from TrueCredit’s parent company, TransUnion, one of the major credit bureaus, to deliver estimates of interest rates a borrower might qualify for. b.../b

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