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In Personal Finance terms a mortgage is usually called a long term loan in order to buy a home or perhaps an office building. Generally speaking, a bank will grant mortgages to individuals.

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Q: What is mortgage in personal finance terms?
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What is a personal finance mortgage?

A personal finance mortgage is a mortgage that one takes out in a similar manner as a home mortgage, but it is instead for a personal loan they are taking.


Do mortgage companies or buyers purchase homeowners insurance policy?

It is the Homeowners responsibility to provide property hazard insurance under the terms of your mortgage. If the Mortgage company has to purchase it for you then it means your already in violation of your Home Finance Contract and subject to default.


What is the best mortgage?

A mortgage is a mortgage is a mortgage, right? Wrong! There are many mortgage products on the market now, so it's important for you to do your homework to determine which type is best for you, and which bank, savings and loan, mortgage bank, finance company or credit union offers the best terms for that type of loan. <a href=http://www.helpmortgage.net rel"dofollow">Mortgage Deals</a>


What are the different categories of finance?

There are 3 Categories: Public Finance, Corporate Finance, and Personal Finance. ->Public Finance It covers taxation schemes, government expenditures, budget procedures, stabilization policies and instruments, debt issues, and other government concerns. ->Corporate Finance It involves managing assets, liabilities, income, and debts for a business. ->Personal Finance It defines all financial decisions and actions of an individual or household, including budgeting, insurance, mortgage planning, savings, and retirement planning.


Which companies offer commercial mortgage finance?

You can find commercial mortgage lenders online. For a trusted option, you may consider Dream Home Mortgage, providing mortgage solutions for businesses seeking commercial mortgages. I found this in a blog.

Related questions

What is a personal finance mortgage?

A personal finance mortgage is a mortgage that one takes out in a similar manner as a home mortgage, but it is instead for a personal loan they are taking.


What is personal finance mortgage?

Personal Finance Mortgage is when you as a person finances something through a bank or a lender. For instance, you can finance a home, car or an other material object.


What has the author David A Benson written?

David A. Benson has written: 'The mortgage eliminator' -- subject(s): Finance, Personal, Handbooks, manuals, Mortgage loans, Personal Finance


What are some reasons for personal financing your home?

You can choose personal finance to pay off the mortgage, to bring in more equity to your home, or if you are having a hard time meeting the mortgage payments.


What site can I find a home mortgage calculator on the internet?

www.smartmoney.com/ has a free online mortgage calculator you can checj oit the direct link here.http://www.smartmoney.com/personal-finance/real-estate/the-mortgage-calculator-9682/


Do mortgage companies or buyers purchase homeowners insurance policy?

It is the Homeowners responsibility to provide property hazard insurance under the terms of your mortgage. If the Mortgage company has to purchase it for you then it means your already in violation of your Home Finance Contract and subject to default.


How have the securities markets affected the mortgage finance industry?

Securities markets drive mortgage pricing nationwide, heavily influence mortgage product design, and reduce the mortgage finance industry's reliance on mortgage portfolio lenders.


Is student loan interest deductable in pa?

what is not deductible interrest? a student loan interest investment interest home mortgage interest finance carges on crdit cards incurred for personal expenses


What is the best mortgage?

A mortgage is a mortgage is a mortgage, right? Wrong! There are many mortgage products on the market now, so it's important for you to do your homework to determine which type is best for you, and which bank, savings and loan, mortgage bank, finance company or credit union offers the best terms for that type of loan. <a href=http://www.helpmortgage.net rel"dofollow">Mortgage Deals</a>


What is the limit for a Citi bank loan?

The limit of a Citi Bank mortgage loan is 100%. This means that the bank can finance your whole mortgage and offer you a competitive interest rate. There are however other strict terms and conditions included.


Guarantee in terms of business finance?

Guarantee in terms of business finance


What has the author Matt Schoenfeld written?

Matt Schoenfeld has written: 'Living debt free' -- subject(s): Debt, Finance, Personal, Personal Finance, Religious aspects, Religious aspects of Personal finance 'Managing your money' -- subject(s): Finance, Personal, Personal Finance, Religious aspects, Religious aspects of Personal finance