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Can you get a mortgage loan without any actual real estate transaction involved?
Wiki User
∙ 12y ago
A mortgage loan is a loan secured by real property through the use of a mortgage note which evidences the existence of the loan and the encumbrance of that realty through the granting of a mortgage which secures the loan by a forced sale.
Wiki User
∙ 12y ago
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Does a deed of trust grant ownership rights?
A deed of trust as part of a mortgage transaction transfers title to the mortgaged property to a trustee until the mortgage is paid in full. When the mortgage has been paid off the trustee must transfer the property back to the owner. The trustee has no actual "ownership rights" since it acts as only a holder of the title until the note is paid.A deed of trust as part of a mortgage transaction transfers title to the mortgaged property to a trustee until the mortgage is paid in full. When the mortgage has been paid off the trustee must transfer the property back to the owner. The trustee has no actual "ownership rights" since it acts as only a holder of the title until the note is paid.A deed of trust as part of a mortgage transaction transfers title to the mortgaged property to a trustee until the mortgage is paid in full. When the mortgage has been paid off the trustee must transfer the property back to the owner. The trustee has no actual "ownership rights" since it acts as only a holder of the title until the note is paid.A deed of trust as part of a mortgage transaction transfers title to the mortgaged property to a trustee until the mortgage is paid in full. When the mortgage has been paid off the trustee must transfer the property back to the owner. The trustee has no actual "ownership rights" since it acts as only a holder of the title until the note is paid.
Is Bank Mutual a mortgage company or an actual bank?
Bank Mutual is an actual bank although they can help you with your mortgage needs. You can bank in person or online with them.
Those who are involved in the commission of a crime without participating in the actual act are what?
ACCESSORIES - and they can be either "BEFORE THE FACT" or "AFTER THE FACT."
Is it legal to transfer a new mortgage into someone else's name?
There is a lot of legal mumbo-jumbo surrounding mortgages - but if the intent was to conceal the actual applicant's identity or to commit fraud, the answer is, no. You can't transfer a mortgage tpso someone else without the mortgagor's approval anyway.
What is a non cash?
Answer:Non-cash transactions are transaction where no cash is involved. Signing a lease contract, granting options, accrued expenses (expenses are incurred, while actual cash payment is later) are examples of non-cash transactions.
How accurate is the BBC's mortgage calculator?
The BBC's mortgage calculator only provides an estimate of what your mortgage should be depending on the data you feed into it. There may be other factors which need to be taken into consideration before the actual mortgage is calculated.
What is cash-basis method?
Cash basis method is that in which all business transactions are recorded when actual cash is paid and not when actual transaction occured.
Does a reversing entry reverse an adjusting entry or a transaction entry?
Reversing entry can be make to reverse any entry whether it is actual transaction entry or any adjusting entry.
What are some services provided by East Mortgage?
There is no actual mortgage provider named "East" but there is one called East West Mortgage, based in Massachusetts and Great East Mortgage, located in Maine and New Hampshire. As the names suggest, they provide all the usual services offered by a mortgage provider.
What is the difference between a mortgage lender and a mortgage noteholder?
Mortgage lenders provide the actual money for the loan and take homeowners through the funding/approval process. Mortgage lenders may sell your mortgage to an investment bank after it is funded, and that investment bank becomes the note holder. Any bank that buys your mortgage after it is funded becomes the note holder.
What is a mortgage interest rate?
In short the interest rate is the amount in percentage charged on your capital amount of your mortgage to you pay in addition to the actual amount loaned for the purchase of your house.
Where can an individual go to compare the best mortgage prices?
A single individual can use a mortgage calculator to compare the best mortgage prices. A mortgage calculator is where you can enter information of what you can get from different mortgage companies and calculate your own mortgage rates. Knowing your own mortgage rates and looking at different mortgage prices is extremely helpful as well. These notorious mortgage calculators are found on the internet or going to an actual mortgage company.You could also improve on making the best business choices, especially if you run a business.
