Meaning All Monies Mortgage

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Posted on November 22, 2018 at 15:44 PM

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Recent Posts For Meaning All Monies Mortgage

'All monies' clause should be made clear to borrowers ...
I would like to bring to the attention of Mortgage Strategy readers and indeed the Financial Services Authority the small matter of the ’all monies’ clause that some lenders have in their mortgage terms and conditions. The mortgage is intended to ensure that if you do not repay the loan as agreed, you can be […]
All Monies Charge - Forums
The ‘All Monies Charge’ clause in the mortgage agreement documents issued by some lenders means the lender secures all debt against the mortgaged property, including any additional borrowing such as personal loans or overdrafts. This means they are entitled to repossess the property should the borrower default.
Purchase-Money Mortgage - Investopedia
A purchase-money mortgage is a mortgage issued to the borrower by the seller of a home as part of the purchase transaction. Also known a seller or owner financing, this is usually done in ...

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