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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 MatchesFederal Agricultural Mortgage Corporation (Farmer Mac)Federal Agricultural Mortgage Corporation (Farmer Mac)A federal agency chartered in 1988 to provide a secondary market for farm mortgage loans. Government insured mortgageGovernment insured mortgageLoans in which the government promises to make good on the insured portion, should the borrow default on the loan. Generally, government loans do not require large down payments. They do, however, have strict eligibility requirements. Secondary mortgage marketSecondary mortgage marketBuying and selling existing mortgage loans, which are often pooled and traded as mortgage-backed securities. Strip mortgage participation certificate (strip PC)Strip mortgage participation certificate (strip PC)Ownership interests in specified mortgages purchased by Freddie Mac from a single seller in exchange for separate instruments representing interests in the same mortgages. Biweekly mortgageBiweekly mortgageA mortgage that requires payments every two weeks and helps repay the loan over a shorter term. Further SuggestionsPrivate Mortgage Insurance (PMI)mortgage interest deduction Adjustable rate mortgage (ARM) Mortgage Company shared appreciation mortgage Mortgage payment protection insurance (MPPI) second mortgage Euro mortgage mortgage backed security capped rate mortgage Mortgage interest deduction remortgage Interest only mortgages Mortgage servicing Mortgage duration Growing Equity Mortgage (GEM) Second mortgage lending Full status mortgage Second Mortgage mortgage agreement in principle Mortgage pipeline Mortgage code arbitration scheme H Hard Money Mortgage Joint mortgage repayment mortgage |
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