Joint mortgage


 

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Joint mortgage

A mortgage shared jointly between two people with the agreement that if one dies, the other automatically inherits their share.



Joint mortgage

Similar Matches

Private Mortgage Insurance (PMI)

Private Mortgage Insurance (PMI)

Policy protecting the holder against loss resulting from default on a mortgage loan.


Mortgage agreement in principle

Mortgage agreement in principle

An 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 instruments

Alternative mortgage instruments

Variations of mortgage mortgage such as mortgage and variable-rate mortgages, mortgage, mortgage and several seldom-used variations.


Endowment mortgage

Endowment mortgage

An 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 Suggestions

senior mortgage bond
Mortgage 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)


 
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