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Chattel mortgage |
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Chattel MortgageA loan agreement that grants to the lender a lien on property other than real estate. Chattel is personal or movable property.Chattel mortgageA lien on personal property used as collateral for a loan.Chattel mortgage Similar MatchesFlexible mortgageFlexible mortgageA mortgage that allows borrowers to make overpayments when they have spare cash, and reduce or miss payments altogether when times are tight. Often useful for self-employed people whose income varies from one month to the next. The most flexible form of mortgage is a Current Account Mortgage (CAM), which can potentially save you money by linking your current account and mortgage together. Foreign currency mortgageForeign currency mortgageIt is possible to get a mortgage for your home in the UK in a mortgage denominated in a foreign currency. It sometimes gives you the opportunity to borrow money at a lower rate of interest than is possible in the UK. You do this by choosing a currency whose country has lower interest rates than we have here. Lower interest rates should mean lower repayments of both capital and interest or a shorter mortgage term. The mortgage does not have to be in any single currency. There are lenders who will allow you to spread your mortgage across a range of different currencies. This could be seen as spreading the risk Mortgage lienMortgage lienThe unpaid balance on the mortgage loan. Mortgage interest deductionMortgage interest deductionIn the US, an allowable federal tax deduction for the annual interest paid on a mortgage. General Mortgage BondGeneral Mortgage BondIn the US, this refers to a bond that is secured by a blanket mortgage on the issuing company's property, though it may be outranked by one or more other mortgages. Further SuggestionsFull status mortgageEquitable Mortgage Multifamily mortgage first mortgage Shared Appreciation Mortgage (SAM) Private Mortgage Insurance (PMI) Mortgagee Lehman Brothers Adjustable Rate Mortgage Index Collateralized mortgage obligation (CMO) Freddie Mac (Federal Home Loan Mortgage Corporation) Tracker mortgages Mortgage deed Insured Mortgage Mortgage payment protection insurance (MPPI) Reverse annuity mortgages (RAM) Portable mortgage Buy down mortgage Mortgage application Blanket Mortgage Mortgage interest deduction Cooperative mortgages Direct Reduction Mortgage Wholesale mortgage banking Government insured mortgage Veterans Administration (VA) mortgage |
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