Residential Mortgage Transaction

Author Message
Icon Mini Profile pettybob1




Joined: 07 Sep 2009

Posts: 37

0.24 Dollars($)
PostPosted: Sun Sep 13, 2009 6:41 am    Post subject: Residential Mortgage Transaction

what Is a Residential Mortgage Transaction?
Icon Mini Profile sunnyca2009




Joined: 04 Aug 2009

Posts: 1735

35.94 Dollars($)
PostPosted: Sun Sep 13, 2009 10:41 am    Post subject:

The money you borrow to buy a house
Icon Mini Profile jenkin7
jenkin7



Joined: 04 Jun 2007

Posts: 4282
Location: Hawaii
675.69 Dollars($)
PostPosted: Mon Sep 14, 2009 3:16 am    Post subject:

Hi pettybob,

A residential mortgage transaction is defined as a transaction which involves a deed of trust created against a borrower's principal residence, in order to help the borrower finance the purchase of that residence.
Icon Mini Profile adrianlee1971




Joined: 13 Sep 2009

Posts: 53

-0.17 Dollars($)
PostPosted: Tue Sep 15, 2009 6:15 am    Post subject:

Residential mortgage transaction means a transaction in which a mortgage, deed of trust, purchase money security interest arising under an installment sales contract, or equivalent consensual security interest is created or retained in the consumer's principal dwelling to finance the acquisition or initial construction of that dwelling
Icon Mini Profile annyb27




Joined: 07 Jul 2009

Posts: 142

0.00 Dollars($)
PostPosted: Sun Sep 27, 2009 1:15 pm    Post subject:



[System detected duplicate content; converted into image. Thanks.]
Quick Reply
Your Name
Subject
Message body

All times are GMT - 7 Hours
Page 1 of 1

 
Highlights
Helpful References
Mortgage Guide
Mortgage Terms
Mortgage News
Book Center
Shop and Compare lenders
30 Yr. Fixed Vs. 5/1 ARM


Calculators     [View all]
Are you eligible for loan?
How much you can afford?
Calculate monthly payment
Calculate APR


Financial Tools
Credit Repair Tool New
Mortgage Planner
Simple Budgeting Tool


Our Community
MortgageFit Blog
Community Professionals
Community Rewards
Introduce yourself
Website tools


Community Rewards
Five simple ways to earn money with the Mortgage Community.

MortgageFit Live Help

Explore the lender near you

Google Map Image

MF Talk



DebtConsolidationCare    Insurance community: We Make You Insurance Smart    CreditMagic: Helping you build up credit


We have chosen to apply the Creative Commons Attribution License to all works we publish. This work is licensed under cc by 2.0
Website Feedback
Feedback Analytics