answersLogoWhite

0

What is a open count mortgage when buying a house?

Updated: 8/17/2019
User Avatar

Wiki User

13y ago

Best Answer

If you are referring to open end mortgage, it means that the borrower can be allowed to borrow an additional money if he has a good record on the existing loan or if the condition that will be given by he lender is achieved.

User Avatar

Wiki User

13y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is a open count mortgage when buying a house?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is a Open end mortgage loan?

What is a Open end mortgage loan?


How do you get funding for buying a place to make it a halfway house?

Please see the link below titled: "How To Open A Halfway House In The United States.


Your dad died and left a house no will only deeds you are the only child he had no spouse does this mean you are entitled to the house and do all mortgages in his name die with him?

The mortgages do not die with him. You are entitled to inherit the house, subject to the mortgages. Open an estate and have the court appoint you as executor. You can then deal with the bank on settling the mortgage, either by selling the property and paying off the mortgage, or setting up a new mortgage with the name of the inheritor. Consult a probate attorney in your state for help in getting it settled.


how to get grant open halfway house?

grants to open halfway house


What do you get on channel 2 on harvest moon?

You unlock it by buying at least 1 item from Karen's Supermarket every day for 10 days strait (holidays and other days they aren't open don't count and don't break the chain)


When was Brisbane Open House created?

Brisbane Open House was created in 2010.


When was Open House - album - created?

Open House - album - was created in 1966.


When was Melbourne Open House created?

Melbourne Open House was created in 2008.


When was Open House - Ireland - created?

Open House - Ireland - was created in 1999.


When was Open House - film - created?

Open House - film - was created in 2004.


When was Open House Party created?

Open House Party was created in 1987.


When was Broadway Open House created?

Broadway Open House was created in 1950.