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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 a legal instrument of the common law which is used to create a security interest in real property held by a lender as a security for a debt, usually a mortgage loan. Hypothec is the corresponding term in civil law jurisdictions, albeit with a wider sense, as it also covers non-possessory lien.

  5. Mortgage and refinance rates for Dec. 19, 2024: Average 30 ...

    www.aol.com/finance/mortgage-and-refinance-rates...

    A mortgage point could cost 1% of your mortgage amount, which means about $5,000 on a $500,000 home loan, with each point lowering your interest rate by about 0.25%, depending on your lender and loan.

  6. Mortgage bankers: Who they are and what they do in home ... - AOL

    www.aol.com/finance/mortgage-bankers-home...

    Mortgage bankers are often confused with mortgage brokers, but they’re very different. A mortgage banker is tied to one financial institution, while a mortgage broker works independently of lenders.

  7. Mortgage refinance: What is it and how does it work? - AOL

    www.aol.com/finance/mortgage-refinance-does...

    A mortgage refinance changes the rate or term (or both) through a new mortgage loan. Is a second mortgage the same as refinancing? A second mortgage and a refinance are not the same thing. A ...

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