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  2. Loan agreement - Wikipedia

    en.wikipedia.org/wiki/Loan_agreement

    A loan agreement (also known as a lending agreement [1]) is a contract between a borrower and a lender which regulates the mutual promises made by each party.

  3. Installment loan - Wikipedia

    en.wikipedia.org/wiki/Installment_loan

    An installment loan is a type of agreement or contract involving a loan that is repaid over time with a set number of scheduled payments; [1] normally at least two payments are made towards the loan. The term of loan may be as little as a few months and as long as 30 years. A mortgage loan, for example, is a type of installment loan.

  4. Land contract - Wikipedia

    en.wikipedia.org/wiki/Land_contract

    In contract law, a land contract, (also known as contract for deed or agreement for deed), is a contract between the buyer and seller of real property in which the seller provides the buyer financing in the purchase, and the buyer repays the resulting loan in installments. Under a land contract, the seller retains the legal title to the ...

  5. Mortgage law - Wikipedia

    en.wikipedia.org/wiki/Mortgage_law

    [19] Under title theory, a mortgage has the effect of a deed passing legal title, though conditionally, of the mortgaged property to the mortgagee (the lender in a loan agreement being secured by the mortgage), with so-called "equitable title" (which is really equity of redemption) being retained by the mortgagor (the borrower in the loan). The ...

  6. Loan - Wikipedia

    en.wikipedia.org/wiki/Loan

    Demand loans are short-term loans [2] that typically do not have fixed dates for repayment. Instead, demand loans carry a floating interest rate, which varies according to the prime lending rate or other defined contract terms. Demand loans can be "called" for repayment by the lending institution at any time. [3] Demand loans may be unsecured ...

  7. Behind on mortgage payments? 6 ways to catch up - AOL

    www.aol.com/finance/behind-mortgage-payments-6...

    2. Loan modification. A loan modification permanently changes the interest rate, term or both on your mortgage. This option is best for borrowers who know they won’t be able to afford their ...

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