|
|
H Hard Money Mortgage |
|
|
|
 Home Site Map Add Term Search About Us Contributors |
H Hard Money MortgageA mortgage given in return for cash, rather than to secure a portion of the purchase price, as with a purchase money mortgage.H Hard Money Mortgage Similar MatchesClosed end mortgageClosed end mortgageMortgage against which no additional debt may be issued. Adjustable Rate Mortgages (arms)Adjustable Rate Mortgages (arms)Mortgage loans under which the interest rate is periodically adjusted to more closely coincide with current rates. The amounts and times of adjustment are agreed to at the inception of the loan. Also called: Adjustable Rate Loans, Adjustable Mortgage Loans (AML'S), Flexible Rate Loans, Variable Rate Loans. Mortgage advanceMortgage advanceThe money loaned to the buyer, by the lender. Wraparound mortgageWraparound mortgageA loan to a buyer for the remaining balance on a seller's first mortgage and an additional amount requested by the seller. Payments on both loans are made to the lender who holds the wraparound loan. Equitable MortgageEquitable Mortgage(1) A lien against real property (mortgage)which is enforceable in a court of equity, but does not legally constitute a mortgage. (2) A deed given as security for a debt will be held to be a mortgage rather than a transfer of title. Also called a constructive mortgage. Further Suggestionsreverse annuity mortgagemortgage life insurance mortgage interest relief at source Mortgage Insurance First Mortgage Stripped mortgage backed securities (SMBS) General Mortgage Bond Mortgage pool Deferred interest mortgage Cap & collar mortgage Lehman Brothers Adjustable Rate Mortgage Index Mortgage debt GEM (growing equity mortgage) Mortgage reference fee Wholesale mortgage banking Government National Mortgage Association (Ginnie Mae) Mortgage Backed Securities Clearing Corporation (MBSCC) Mortgage application Mortgage types Federal National Mortgage Association graduated payment mortgage Lifetime reverse mortgage Mortgage broker Private Mortgage Insurance (PMI) Mortgage servicing |
|
|
|