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What is Mortgage and what are the types of mortgage?
A mortgage is a conveyance of title to real property that is given as security for the payment of a debt. If the mortgage isn't paid the lender can take possession of the property by foreclosure....
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Do you have a mortgage from AARP Reverse Mortgage?
No I do not have a mortgage from AARP Reverse Mortgage because I am not 100 years old. That is for old people who need money and do not need their house any longer because they will be dieing soon.
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Is a mortgage discharged when renewing mortgage?
If you refinance your mortgage, the attorney representing the bank will use the proceeds of the new mortgage to pay off the existing mortgage and a discharge of that mortgage will be recorded in the...
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Is a balloon mortgage the same as a mortgage?
No. A balloon mortgage is a relatively short term mortgage with a huge payment due at the end of the term. A mortgage is generally for a longer term with uniform payments for the life of the mortgage...
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Where can you get mortgages?
It depends what are you looking for, but these days many people are looking on the internet for loans.Make sure you qualify before callinf companies and make sure that the mortgage lenders you will...
