answersLogoWhite

0

The collateral for a real estate mortgage is the real estate itself. If the borrower defaults the lender can take possession of the real estate.

User Avatar

Wiki User

15y ago

What else can I help you with?

Continue Learning about Finance

Is mortgage better than a loan?

A mortgage is a loan secured by your real estate. If you own real property you can borrow more with a mortgage.A mortgage is a loan secured by your real estate. If you own real property you can borrow more with a mortgage.A mortgage is a loan secured by your real estate. If you own real property you can borrow more with a mortgage.A mortgage is a loan secured by your real estate. If you own real property you can borrow more with a mortgage.


Is a mortgage considered a bond type security?

No. A mortgage is a loan secured by real estate.No. A mortgage is a loan secured by real estate.No. A mortgage is a loan secured by real estate.No. A mortgage is a loan secured by real estate.


Is a mortgage used to provide security for the note?

No. The real estate is used to provide security for the note. The mortgage is executed to grant the lender an interest in the real estate until the debt is paid.No. The real estate is used to provide security for the note. The mortgage is executed to grant the lender an interest in the real estate until the debt is paid.No. The real estate is used to provide security for the note. The mortgage is executed to grant the lender an interest in the real estate until the debt is paid.No. The real estate is used to provide security for the note. The mortgage is executed to grant the lender an interest in the real estate until the debt is paid.


What can I get a mortgage for?

You can get a mortgage to buy a home or other real estate property.


Is a mortgage used to purchase real estate?

Yes. A mortgage is a loan that is secured by real property.

Related Questions

Is mortgage better than a loan?

A mortgage is a loan secured by your real estate. If you own real property you can borrow more with a mortgage.A mortgage is a loan secured by your real estate. If you own real property you can borrow more with a mortgage.A mortgage is a loan secured by your real estate. If you own real property you can borrow more with a mortgage.A mortgage is a loan secured by your real estate. If you own real property you can borrow more with a mortgage.


What means is 'mortgage value' as related real estate?

what means 'mortgage value' as the real estate property


When was Real Estate Mortgage Investment Conduit created?

Real Estate Mortgage Investment Conduit was created in 1987.


Is a mortgage considered a bond type security?

No. A mortgage is a loan secured by real estate.No. A mortgage is a loan secured by real estate.No. A mortgage is a loan secured by real estate.No. A mortgage is a loan secured by real estate.


Is a mortgage used to provide security for the note?

No. The real estate is used to provide security for the note. The mortgage is executed to grant the lender an interest in the real estate until the debt is paid.No. The real estate is used to provide security for the note. The mortgage is executed to grant the lender an interest in the real estate until the debt is paid.No. The real estate is used to provide security for the note. The mortgage is executed to grant the lender an interest in the real estate until the debt is paid.No. The real estate is used to provide security for the note. The mortgage is executed to grant the lender an interest in the real estate until the debt is paid.


What can I get a mortgage for?

You can get a mortgage to buy a home or other real estate property.


Is a mortgage used to purchase real estate?

Yes. A mortgage is a loan that is secured by real property.


What is a mortgage used to purchase?

Real Estate


What is an rem loan?

Real Estate Mortgage


What is a type of loan that is used to buy real estate?

A loan used to buy real estate is a mortgage.


what happens to seller held mortgage when mortgagor dies?

If it ws done properly, the mortgage is a lien against the real estate. If the mortgage is not paid by the estate then the holder of the mortgage can foreclose and take possession of the property. You should consult with an attorney who can review the situation and explain your options.If it ws done properly, the mortgage is a lien against the real estate. If the mortgage is not paid by the estate then the holder of the mortgage can foreclose and take possession of the property. You should consult with an attorney who can review the situation and explain your options.If it ws done properly, the mortgage is a lien against the real estate. If the mortgage is not paid by the estate then the holder of the mortgage can foreclose and take possession of the property. You should consult with an attorney who can review the situation and explain your options.If it ws done properly, the mortgage is a lien against the real estate. If the mortgage is not paid by the estate then the holder of the mortgage can foreclose and take possession of the property. You should consult with an attorney who can review the situation and explain your options.


Can there be a clouded title on a second mortgage in a bankruptcy?

Yes, if the mortgage was not properly executed by all the owners of the real estate.Yes, if the mortgage was not properly executed by all the owners of the real estate.Yes, if the mortgage was not properly executed by all the owners of the real estate.Yes, if the mortgage was not properly executed by all the owners of the real estate.