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Teame13.org - Mortgage News » Blog Archive » Househunter numbersThis is a discussion on Teame13.org - Mortgage News » Blog Archive » Househunter numbers within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; Teame13.org - Mortgage News 2008 Sitemap. The number of people looking to buy a home has risen for the first ... |
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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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Teame13.org - Mortgage News 2008 Sitemap. The number of people looking to buy a home has risen for the first time in two years. But the renewed interest in property failed to prevent the number of homes being sold slumping …
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