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In a home mortgage, hold harmless means that a person knows that they accept all of the risks of the home mortgage. This includes any and everything that may happen while the mortgage is being held.
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What is a modification on a home mortgage?
A home mortgage modification mean, "a change in already approved home loan either in interest rate or in its duration etc". Recently Obama administration has modified some 500,000 home mortgage loan.
What does mortgage home improvement mean?
It means that you take out a second mortgage to help make home improvements on your house. This often raises the value of your house if you are selling it.
What does it mean by mortgage prequalification?
Mortgage prequalification is a term used when an initial application for a mortgage as been approved. This will depend on the information your originally applied for a mortgage, and will be further confirmed if you found a home to purchase.
What does it mean to have your own home?
This means to own a home (not rent) by having it fully paid off, or by steadly paying off your home with a mortgage.
What does it mean to sign off on Dower Interest?
I signed a dower interest in taking a second mortgage on my home, though I am not on the loan papers or my mortgage deed, Am I responsible and in what way
What is a modification on a home mortgage?
A home mortgage modification mean, "a change in already approved home loan either in interest rate or in its duration etc". Recently Obama administration has modified some 500,000 home mortgage loan.
What does mortgage mean in a sentence?
A mortgage is a loan secured by real property. Sentence: My sister was able to qualify for a mortgage and purchase her first home.
What does it mean to get a home loan?
It means you're getting a mortgage. For the definition of mortgage, see the related link below.
What does mortgage home improvement mean?
It means that you take out a second mortgage to help make home improvements on your house. This often raises the value of your house if you are selling it.
Can you get a mortgage on a new home when you currently have a 1st and 2nd mortgage on the home you wish to sell?
Yes you can; if you qualify. What I mean by that is can your income handle/carry all 3 mortgage loan payments? If so, then purchasing another home without your current home selling shouldn't be a problem.
What does it mean by mortgage prequalification?
Mortgage prequalification is a term used when an initial application for a mortgage as been approved. This will depend on the information your originally applied for a mortgage, and will be further confirmed if you found a home to purchase.
What does it mean to have your own home?
This means to own a home (not rent) by having it fully paid off, or by steadly paying off your home with a mortgage.
What does it mean to sign off on Dower Interest?
I signed a dower interest in taking a second mortgage on my home, though I am not on the loan papers or my mortgage deed, Am I responsible and in what way
What does the term mortgage equity actually mean?
Mortgage equity is the term used in the financial industry for the amount of cash value your home is worth at current market value minus the remaining payments you still owe on the home.
What does it mean by reverse mortgage aarp?
To reverse a mortgage it means that you are using a portion of the home's equity as collateral. Although, the aarp loans are for seniors; aarp does not endorse or recommend these loans.
What does harmless and mild mean?
benign
Could my home be taken away if i am on mortgage but not house loan and husband dies?
If you are on the mortgage, you are on the house loan. If you mean you are on the deed, but not the mortgage, then there may be an issue. Many states have a homestead or dower right that could protect you. Consult a local attorney for help!
