H Hard Money Mortgage


 

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H Hard Money Mortgage

A 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 Matches

Shared appreciation mortgage

Shared appreciation mortgage

A loan that allows a lender or other party to share in the borrower's profits when the home is sold.


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Bonds issued by corporations, which offer first mortgages on real property of the corporation as security for the payment of the bonds.


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GEM (growing equity mortgage)

Mortgage in which annual increases in monthly payments are used to reduce outstanding principal and to shorten the term of the loan.


Mortgage

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(1) To hypothecate as security, real property for the payment of a debt. The borrower (mortgagor) retains possession and use of the property. (2) The instrument by which real estate is hypothecated as security for the repayment of a loan.


Guaranteed Mortgage Certificates (GMC)

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