Definition Of Mortgage

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Posted on September 23, 2018 at 13:25 PM



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Recent Posts For Definition Of Mortgage

What is a mortgage? definition and meaning ...
Definition of mortgage: A legal agreement that conveys the conditional right of ownership on an asset or property by its owner (the mortgagor) to a lender (the mortgagee) as security for a loan. The lender's security ...
Mortgage definition and meaning | Collins English Dictionary
A mortgage is a loan of money which you get from a bank in order to buy a house.
Mortgage loan - Wikipedia
Mortgage insurance is an insurance policy designed to protect the mortgagee (lender) from any default by the mortgagor (borrower). It is used commonly in loans with a loan-to-value ratio over 80%, and employed in the event of foreclosure and repossession.

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