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  2. Equity release - Wikipedia

    en.wikipedia.org/wiki/Equity_release

    The Equity Release Council is the UK's equity release industry body that sets standards to protect consumers. Its members commit to following a set of five product standards: fixed or capped interest rates (for lifetime mortgages), the right to remain in the property, the right to move to another property, the ‘no negative equity guarantee ...

  3. Shared appreciation mortgage - Wikipedia

    en.wikipedia.org/wiki/Shared_appreciation_mortgage

    A shared appreciation mortgage differs from an equity-sharing agreement in that the principal of the loan is an unconditional obligation (to the extent collateralized by the property). Thus, if the property's value decreases, the borrower would still owe whatever principal is outstanding, and if the borrower sells the property for a loss, the ...

  4. Mortgage assumption - Wikipedia

    en.wikipedia.org/wiki/Mortgage_assumption

    A prospective buyer wants to purchase the house for $300,000 and keep the same mortgage to avoid going through the process and expense of applying for a new loan. The buyer pays $50,000 cash for the equity and assumes the $250,000 mortgage, becoming liable for the debt.

  5. 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.

  6. Can you use home equity to buy a second home? - AOL

    www.aol.com/finance/home-equity-buy-second-home...

    The most common ways to tap your equity are via a home equity loan or home equity line of credit (HELOC). Purchasing property with home equity can be cost-effective and make you a more competitive ...

  7. Home equity - Wikipedia

    en.wikipedia.org/wiki/Home_equity

    Investors typically look to purchase properties that will grow in value, causing the equity in the property to increase, thus providing a return on their investment when the property is sold. [2] Home equity may serve as collateral for a home equity loan or home equity line of credit. Many home equity plans set a fixed period during which the ...

  8. Can you use a home equity loan to buy a rental or ... - AOL

    www.aol.com/finance/home-equity-loan-for...

    While using your home equity is one way to buy an investment property, you have other ways to fund your real estate ventures, including conventional loans and all-cash purchases. Conventional bank ...

  9. 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.