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Mortgageable - Law Dictionary Search Results

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second mortgage

second mortgage see mortgage

mortgage qualifying ratio

mortgage qualifying ratio Used to calculate the maximum amount of funds that an individual traditionally may be able to

mortgage score

mortgage score a score based on a combination of information about the borrower that is obtained from the loan

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open-end mortgage

open-end mortgage see mortgage

prepayment penalty mortgage (ppm)

prepayment penalty mortgage (ppm) a type of mortgage that requires the borrower to pay a penalty for prepayment, partial payment of

private mortgage insurance

private mortgage insurance : insurance that a lender may require a borrower to purchase to cover losses in the event

purchase money mortgage

purchase money mortgage see mortgage

real estate mortgage investment conduit (remic)

real estate mortgage investment conduit (remic) a security representing an interest in a trust having multiple classes of securities. The securities

reverse mortgage

reverse mortgage see mortgage

special mortgage

special mortgage see mortgage

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