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Mortgage InvestmentThis is a discussion on Mortgage Investment within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; An investment property is one which is bought with the intention of making a profit rather than being primarily as ... |
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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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An investment property is one which is bought with the intention of making a profit rather than being primarily as a residence. This can include properties bought and then improved to increase their value, or those bought and then rented out to produce an income. There are several factors which affects investment property mortgage rates.
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