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Take back mortgage |
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Take back mortgageA loan made directly from the seller to the buyer.Take back mortgage Similar MatchesBalloon mortgageBalloon mortgageA mortgage in which monthly installments are not large enough to repay the loan by the end of the term. As a result, the final payment due is the lump sum of the remaining principal. Mortgage pipeline riskMortgage pipeline riskThe risk associated with taking applications from prospective mortgage borrowers who may opt to decline to accept a quoted mortgage rate within a certain grace period. Self amortizing mortgageSelf amortizing mortgageMortgage whose entire principal is paid off in a specified period of time with regular interest and principal payments. Senior mortgage bondSenior mortgage bondA bond that, in the event of bankruptcy, will be redeemed before any other bonds are repaid. Reverse mortgageReverse mortgageA mortgage that permits elderly people who own their home outright to receive an income with the home as collateral. The loan is repaid plus interest either at the end of the term or on the death of the borrower when the property would be sold. Further Suggestionsmortgage brokersecond mortgage Mortgage REIT GEM (growing equity mortgage) Council of Mortgage Lenders Mortgage Bonds Lehman Brothers Mortgage Backed Securities Index General Mortgage Bond Index tracker mortgage Capped rate mortgage Shared Appreciation Mortgage (SAM) Mortgage deed Open end mortgage Residential mortgage Mortgage code arbitration scheme Collateralized mortgage obligation (CMO) Federal National Mortgage Association discounted rate mortgage Mortgage reference fee Open End Mortgage Joint mortgage Renegotiable Rate Mortgage Lifetime reverse mortgage Reverse annuity mortgages (RAM) commercial mortgage |
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