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Mortgage Company |
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Mortgage CompanyA company authorized to service real estate loans, charging a fee for this service.Mortgage Company Similar MatchesIndex tracker mortgageIndex tracker mortgageThe interest rate tracks an index such as the base rate or LIBOR and often has a set percentage added to it. Pension mortgagePension mortgageA type of personal pension plan which utilises the tax free lump sum entitlement from the pension fund at retirement age to repay a mortgage whilst the remainder is (and must be) used to provide a pension. Throughout the mortgage term the borrower pays interest to the lender such as a building society or bank whilst additionally making payments into the pension scheme. Tax relief is allowable on both the interest payments to the lender and on the contributions to the pension scheme which makes this type of plan attractive. Insured MortgageInsured 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. Foreign currency mortgageForeign currency mortgageIt is possible to get a mortgage for your home in the UK in a mortgage denominated in a foreign currency. It sometimes gives you the opportunity to borrow money at a lower rate of interest than is possible in the UK. You do this by choosing a currency whose country has lower interest rates than we have here. Lower interest rates should mean lower repayments of both capital and interest or a shorter mortgage term. The mortgage does not have to be in any single currency. There are lenders who will allow you to spread your mortgage across a range of different currencies. This could be seen as spreading the risk Mortgage durationMortgage durationA modification of standard duration to account for the impact on duration of MBSs of changes in prepayment speed resulting from changes in interest rates. Two factors are employed: one that reflects the impact of changes in prepayment speed or price. Further SuggestionsAdjustable Rate Mortgages (arms)Standing mortgage Cooperative mortgages Multifamily mortgage Conventional mortgage Mortgage pool Self certification mortgage Mortgage confirmation capped rate mortgage Blanket mortgage Government National Mortgage Association Consolidated mortgage bond Mortgage servicing H Hard Money Mortgage Growing Equity Mortgage (GEM) fixed rate mortgage Bi weekly mortgage loan One hundred percent mortgage All inclusive Trust Deed (wrap around mortgage) Owner Will Carry Mortgage Lifetime reverse mortgage senior mortgage bond Council of Mortgage Lenders MIG Mortgage Indemnity Guarantee Mortgage Bonds |
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