The mortgage definition for
The original loan taken out to purchase a home.
A mortgage that can be transferred to another borrower.
A mortgage in which monthly installments are not large enough to repay the loan by the end of the term. As a result, the final payment due is the lump sum of the remaining principal.
A mortgage that requires payments every two weeks and helps repay the loan over a shorter term.
Buy down mortgage
Cap & collar mortgage
Capped rate mortgage
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