mortgage

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Icon Mini Profile shaminaebrahimk




Joined: 28 Oct 2008

Posts: 1

1.28 Dollars($)
PostPosted: Tue Oct 28, 2008 9:22 pm    Post subject: mortgage

what is mortgage
Icon Mini Profile jameshogg
jameshogg



Joined: 20 Dec 2005

Posts: 5203
Location: nevada
651.69 Dollars($)
PostPosted: Tue Oct 28, 2008 9:52 pm    Post subject:

Hi shaminaebrahimk!

A mortgage can be defined as a written pledge which is signed by a borrower when a real estate loan is made to him/her. These documents give the lenders the right to take possession of the property if the borrower defaults his loan payments.

Thanks.
Icon Mini Profile chrisburns
chrisburns
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Joined: 13 Nov 2007

Posts: 383
Location: Florida
65.98 Dollars($)
PostPosted: Thu Oct 30, 2008 5:51 am    Post subject:

That's a question most of wall street is asking themselves right now.
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Icon Mini Profile dilipgagare




Joined: 26 Mar 2009

Posts: 58

0.01 Dollars($)
PostPosted: Wed May 06, 2009 6:27 am    Post subject:

Hi,
Mortage is a conditional conveyance of property as security for the repayment of a loan.
A mortgage loan is a type of financial loan providing financial institutions or the individuals, such as lending money to the borrower with the security of a real property ,real estate etc

Regards
Dilip
Icon Mini Profile gmakerley
gmakerley
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Joined: 09 Nov 2007

Posts: 9791
Location: bloomfield, ct
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PostPosted: Wed May 06, 2009 10:10 am    Post subject:

good response, chris.
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