Chattel mortgage


 

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Chattel Mortgage

A loan agreement that grants to the lender a lien on property other than real estate. Chattel is personal or movable property.

Chattel mortgage

A lien on personal property used as collateral for a loan.



Chattel mortgage

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Freddie Mac (Federal Home Loan Mortgage Corporation)
Growing Equity Mortgage (GEM)
Shared Appreciation Mortgage (SAM)
Second Mortgage
second mortgage
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reverse annuity mortgage
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