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Insured Mortgage |
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Insured MortgageA mortgage insured against loss to the mortgagee in the event of default and a failure of the mortgaged property to satisfy the balance owing plus costs of foreclosure. May be insured by F.H.A., V.A., or by private mortgage insurance companies.Insured Mortgage Similar MatchesMortgage lienMortgage lienThe unpaid balance on the mortgage loan. First mortgageFirst mortgageThe original loan taken out to purchase a home. First mortgageFirst mortgageA type of mortgage that through a lien gives precedence to the lender of the first mortgage over all other lenders in case of default. Open End MortgageOpen End MortgageA mortgage permitting the mortgagor to borrow additional money under the same mortgage, with certain conditions, usually as to the assets of the mortgage. Euro mortgageEuro mortgageA mortgage taken out by those paid in Euros to avoid the need to exchange currency. Further SuggestionsBuy down mortgageAlternative mortgage instruments Strip mortgage participation certificate (strip PC) Wraparound mortgage Shared appreciation mortgage Mortgage types shared appreciation mortgage mortgage interest deduction Mortgage Bonds Senior mortgage bond Consolidated mortgage bond GEM (growing equity mortgage) reverse mortgage Adjustable Rate Mortgages (arms) commercial mortgage Cooperative mortgages Portable mortgage Low start mortgage Mortgage Life Insurance Council of Mortgage Lenders Chattel Mortgage Wholesale mortgage banking Mortgage broker Government National Mortgage Association Federal National Mortgage Association |
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