|
|
Joint mortgage |
|
|
|
 Home Site Map Add Term Search About Us Contributors |
Joint mortgageA mortgage shared jointly between two people with the agreement that if one dies, the other automatically inherits their share.Joint mortgage Similar MatchesPrivate Mortgage Insurance (PMI)Private Mortgage Insurance (PMI)Policy protecting the holder against loss resulting from default on a mortgage loan. Mortgage agreement in principleMortgage agreement in principleAn expression of a mortgage lender's willingness to enter into an agreement subject to other conditions being met, such as credit checks and a satisfactory property valuation. Federal National Mortgage Association (FannieMae)Federal National Mortgage Association (FannieMae)A publicly owned, government-sponsored corporation chartered in 1938 to purchase mortgages from lenders and resell them to investors. Known by the nickname Fannie Mae, it packages mortgages backed by the Federal Housing Administration, but also sells some nongovernment-backed mortgages. Alternative mortgage instrumentsAlternative mortgage instrumentsVariations of mortgage mortgage such as mortgage and variable-rate mortgages, mortgage, mortgage and several seldom-used variations. Endowment mortgageEndowment mortgageAn interest-only mortgage ultimately repaid by the proceeds of an endowment assurance policy which is assigned to the lender providing the mortgage. The policyholder pays the lender's interest only, for the term of the mortgage. The sum assured, which is payable on maturity or prior death of the policyholder, is used to repay the mortgage. Policies are usually with profits (or low cost endowment), unit linked or unitised with profits and sometimes this provides some additional capital for the policyholder after the lender has been repaid. Further Suggestionssenior mortgage bondMortgage advance GEM (growing equity mortgage) Government National Mortgage Association (Ginnie Mae) Senior mortgage bond reverse mortgage Mortgage incentives Reverse mortgage Mortgage Bonds Capped rate mortgage Adjustable rate mortgage (ARM) Multifamily mortgage Self build mortgage Insured Mortgage fixed rate mortgage Mortgage pipeline risk Mortgage REIT Strip mortgage participation certificate (strip PC) pension mortgage Cap & collar mortgage second mortgage Blanket Mortgage Low start mortgage Assumable mortgage Growing Equity Mortgage (GEM) |
|
|
|