---

What is mortgage?

Author	Message
	Add to del.icio.us Add to YahooMyWeb Add to Simpy Add to BlinkList
troger Joined: 05 Jul 2011 Posts: 2 1.61 Dollars($)	Posted: Wed Jul 06, 2011 2:43 am    Post subject: What is mortgage? Like 0 Dislike 0 I want to know about mortgage in details. Is it possible for you to give explanation
jerry Moderator Joined: 17 Oct 2005 Posts: 2708 Location: MICHIGAN 429.63 Dollars($)	Posted: Wed Jul 06, 2011 2:48 am    Post subject: Like 0 Dislike 0 Hi troger, Check out the given page in order to know the basics of mortgage: http://www.mortgagefit.com/mortgage.html Thanks, Jerry
petekolackovsky Joined: 14 Sep 2011 Posts: 53 Location: Calgary, AB 247.79 Dollars($)	Posted: Mon Apr 30, 2012 9:10 am    Post subject: Like 0 Dislike 0 A mortgage is a loan secured by real estate. It's used to help people pay for properties and is usually either paid monthly, bi-weekly or weekly. The term "Mortgage" literally means 'Death Contract" in French, meaning that the contract ends (or dies) when either the loan is paid off in full or the property is taken in foreclosure. When you take out a mortgage, you must pay it off within the set amortization period. It usually is anywhere from 15 to 30 years and payments are made either monthly, bi-weekly or accelerated weekly payments. _________________ Pete Kolackovsky Mortgage Consultant http://www.mortgage-calgary.com

Quick Reply
Your Name
Subject
Image Verification	Enter the code above here : Can't read the image? click here to refresh
Message body

All times are GMT - 7 Hours

Page 1 of 1

---

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