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Mortgage loan – Wikipedia – mortgage loan types. Term: mortgage loans generally have a maximum term, that is, the number of years after which an amortizing loan will be repaid. Some mortgage loans may have no amortization, or require full repayment of any remaining balance at a certain date, or even negative amortization.
Did You Know that Mortgage means "Death Pledge" – We all know a Mortgage is loan we take out to pay our house, yada, yada. However, what about the origin of the word itself? The word mortgage is composed of two parts: Mort – from the French meaning "Death" Gage – from Old English meaning "Pledge" When translated into modern English, the word literally means "death pledge".
Early Retirement: Financial Tips and Advice for Retiring Early – When it comes to early retirement, the real question is whether you can afford to clock out early. It may require tradeoffs, such as moving to a smaller home or picking and choosing your hobbies. Yet it may not be as big a stretch as you think. Here’s what you need to know.
Mortgage financial definition of mortgage – Financial Dictionary – Mortgage. A mortgage, or more precisely a mortgage loan, is a long-term loan used to finance the purchase of real estate. As the borrower, or mortgager, you repay the lender, or mortgagee, the loan principal plus interest, gradually building your equity in the property. The interest may be calculated at either a fixed or variable rate,
Lawriter – ORC – 169.01 Unclaimed funds definitions. – 169.01 Unclaimed funds definitions. As used in this chapter, unless the context otherwise requires: (A) "Financial organization" means any bank, trust company, savings bank, safe deposit company, mutual savings bank without mutual stock, savings and loan association, credit union, or investment company.
What the government shutdown means for your mortgage – The partial federal government shutdown is complicating the already complicated process of getting and managing a mortgage. For one thing, the political storm is like severe weather at a major airport.
What is a mortgage? definition and meaning – BusinessDictionary.com – Definition of mortgage: A legal agreement that conveys the conditional right of ownership on an asset or property by its owner (the mortgagor) to a lender (the.
MORTGAGE = DEATH PLEDGE: Latin words Mort-Gage Literally. – The word mortgage is a french law term meaning "death contract", meaning that the pledge ends (dies) when either the obligation is fulfilled or the property is taken through foreclosure.[1] This of course, is a Lie to hide the true meaning of "death pledge".