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Online dictionaries, such as the Oxford English Dictionary (probably the most accurate / most esteemed), Webster's Dictionary, and others are all available online and often free to use. Banks will also be able to tell you what a mortgage is if you call them and ask, since they are the ones with which you can take out a mortgage. You need not want this service, you just need to ask them for a simple explanation or a full definition.
What else can I help you with?
I am wondering what is the definition of a reverse mortgage?
The definition of reverse mortgage is when the bank takes out a loan based on your property. This is used for extending your mortgage beyond what it is now.
What is the market definition of a purchase mortgage?
A purchase mortgage is a loan that someone may take out on a property for personal use. There are many options you can use and the best way to find out what works for you is to visit your local provider and talk about your options.
How do you get your name removed from the church mortgage loan?
Generally, the only way to have your name removed from a mortgage is to pay that mortgage off and refinance in someone else's name.Generally, the only way to have your name removed from a mortgage is to pay that mortgage off and refinance in someone else's name.Generally, the only way to have your name removed from a mortgage is to pay that mortgage off and refinance in someone else's name.Generally, the only way to have your name removed from a mortgage is to pay that mortgage off and refinance in someone else's name.
What is the definition of a VA mortgage loan?
The definition of a VA mortgage loan is a loan that is guaranteed by the Veterans Administration. The purpose of this loan is to assist veterans and their families in obtaining home financing.
What is the definition of mortgage decreasing term asurance?
Mortgage decreasing term assurance is a type of mortgage life policy. The size of the policy decreases as the outstanding balance of the mortgage reaches zero.
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 is the definition of a remortgage deal?
Remortgage is the same as refinance. It entails paying off one mortgage using a second, but the second uses the same home as a security. It can get you a better interest rate on your mortgage, so you pay less over time.
What is the definition of 'senior mortgage'?
A 'senior mortgage' is the first mortgage placed on a property. If one re-mortgages one's house, then that becomes known as a 'junior mortgage'. Payment of a senior mortgage always takes precedence over payment of a junior mortgage.
Where can someone find a mortgage adjuster?
A mortgage adjuster is someone who services current mortgages. One can hire such a person via the company they have a mortgage with be it Nationwide or Halifax etc.
How can someone be taken off a mortgage?
The only way to get someone's name off a mortgage is to pay it off and refinance if necessary.The only way to get someone's name off a mortgage is to pay it off and refinance if necessary.The only way to get someone's name off a mortgage is to pay it off and refinance if necessary.The only way to get someone's name off a mortgage is to pay it off and refinance if necessary.
Is it considered income if someone pays your mortgage?
Yes, if someone pays your mortgage on your behalf, it is considered income for tax purposes.
Can the mortgage company take your house without the deed?
By definition a mortgage is secured on the deeds of the house. They will have the deed (or officially have their name legally registered for the property) if they have given you a mortgage.
