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2. Mortgage - Wikipedia

   en.wikipedia.org/wiki/Mortgage

   A mortgage loan or simply mortgage (/ ˈ m ɔːr ɡ ɪ dʒ /), in civil law jurisdictions known also as a hypothec loan, is a loan used either by purchasers of real property to raise funds to buy real estate, or by existing property owners to raise funds for any purpose while putting a lien on the property being mortgaged.

3. What is a mortgage? A definitive guide for aspiring homeowners

   www.aol.com/finance/mortgage-definitive-guide...

   Private mortgage insurance (PMI) is a form of insurance taken out by the lender but typically paid for by you, the borrower, when your loan-to-value (LTV) ratio is greater than 80 percent (meaning ...

4. Mortgage law - Wikipedia

   en.wikipedia.org/wiki/Mortgage_law

   A mortgage is the standard method by which individuals and businesses can purchase real estate without the need to pay the full value immediately from their own resources. See mortgage loan for residential mortgage lending, and commercial mortgage for lending against commercial property.

5. Mortgage application: What’s included and how to prepare - AOL

   www.aol.com/finance/mortgage-application...

   The mortgage application is an individual’s formal request for funds to purchase a specific property. So the information it needs includes details about the home and its price, as well as the ...

6. Real estate contract - Wikipedia

   en.wikipedia.org/wiki/Real_estate_contract

   Mortgage contingency – Performance of the contract (purchase of the real estate) is contingent upon or subject to the buyer getting a mortgage loan for the purchase. Usually such a contingency calls for a buyer to apply for a loan within a certain period of time after the contract is signed.

7. Mortgage Jargon in Simple Terms - AOL

   www.aol.com/news/2010-09-14-guide-to-mortgage...

   mortgage document More often than not, you're dealing with terms and conditions on various mortgage types that may be so difficult to understand that you just want to pull out your hair.

8. Wraparound mortgage - Wikipedia

   en.wikipedia.org/wiki/Wraparound_mortgage

   A wraparound mortgage, more commonly known as a "wrap", is a form of secondary financing for the purchase of real property. [ 1 ] [ 2 ] The seller extends to the buyer a junior mortgage which wraps around and exists in addition to any superior mortgages already secured by the property.

9. No-closing-cost mortgage: How it works and how to decide if ...

   www.aol.com/finance/no-closing-cost-mortgage...

   You’ll be paying for the higher cost of a zero-closing-cost mortgage for years to come — 15, 30 or whatever your mortgage term is. Imagine you plan to buy a $500,000 home with a 20 percent ...