Faster access than browser!
160 relations: Adjustable-rate mortgage, Amortization, Amortization (business), Amortization calculator, Amortization schedule, Annual percentage rate, Annuity, Asset-backed security, Assignment (law), Bali, Balloon payment mortgage, Bank, Bank of England, Bankruptcy, Biweekly mortgage, Blanket loan, Bond (finance), Bridge loan, Building society, Bullet loan, Buy to let, Canada Mortgage and Housing Corporation, Civil law (legal system), Collateral (finance), Commentaries on the Laws of England, Commercial lender (U.S.), Commercial mortgage, Compound interest, Consumer protection, Conveyancing, Covered bond, Credit score, Credit union, Creditor, Debt-to-income ratio, Debtor, Deed, Denmark, Deposit account, Discount points, Easement, Economic rent, EMortgages, Encumbrance, Endowment mortgage, Equated monthly installment, Equity loan, Equity release, European Union, Fannie Mae, ..., Federal government of the United States, Federal Housing Administration, Fee simple, FHA insured loan, Financial Conduct Authority, Financial crisis of 2007–2008, Financial institution, Financial Services Authority, Fixed-rate mortgage, Flexible mortgage, Floating interest rate, Foreclosure, Foreign currency mortgage, Foreign exchange risk, Foreign national mortgage, Freddie Mac, George Soros, Germany, Government National Mortgage Association, Graduated payment mortgage loan, Hard money loan, Hire purchase, Home equity, Home insurance, Hypothec, India, Individual Savings Account, Insolvency, Interest, Interest rate, Interest rate risk, Interest-only loan, Investor, Islam, Islamic banking and finance, Jim Flaherty, Jumbo mortgage, Law French, Legal professions in England and Wales, Lien, Loan, Loan servicing, Loan-to-value ratio, Location Efficient Mortgage, Mechanic's lien, Middle Ages, Mortgage assumption, Mortgage industry of Denmark, Mortgage insurance, Mortgage investment corporation, Mortgage law, Mortgage note, Mortgage origination, Mortgage-backed security, National Mortgage Crisis of the 1930s, Negative amortization, Netherlands, No income, no asset, Nonrecourse debt, Office of the Superintendent of Financial Institutions, Owner-occupancy, Package loan, Participation mortgage, Passive income, Pension fund, Perfection (law), Personal Equity Plan, Pfandbrief, Portfolio (finance), Pre-approval, Pre-qualification (lending), Predatory lending, Prepayment of loan, Promissory note, Property law, Prudential Regulation Authority (United Kingdom), Real property, Refinancing, Remortgage, Repayment mortgage, Repossession, Reverse mortgage, Right of redemption, Savings and loan crisis, Secured loan, Securitization, Security (finance), Security agreement, Security interest, Seller financing, Shared appreciation mortgage, Sharia, Stamp duty, Standard form contract, State-owned enterprise, Subprime lending, Subprime mortgage crisis, The New York Times International Edition, The Wall Street Journal, Time value of money, UK mortgage terminology, United Kingdom, United Nations, United Nations Economic Commission for Europe, United States Department of the Treasury, United States Department of Veterans Affairs, VA loan, Wraparound mortgage, Yield curve, 2010 United States foreclosure crisis. Expand index (110 more) »
Adjustable-rate mortgage
A variable-rate mortgage, adjustable-rate mortgage (ARM), or tracker mortgage is a mortgage loan with the interest rate on the note periodically adjusted based on an index which reflects the cost to the lender of borrowing on the credit markets.
New!!: Mortgage loan and Adjustable-rate mortgage · See more »
Amortization
Amortization (or amortisation) is paying off an amount owed over time by making planned, incremental payments of principal and interest.
New!!: Mortgage loan and Amortization · See more »
Amortization (business)
In business, amortization refers to spreading payments over multiple periods.
New!!: Mortgage loan and Amortization (business) · See more »
Amortization calculator
An amortization calculator is used to determine the periodic payment amount due on a loan (typically a mortgage), based on the amortization process.
New!!: Mortgage loan and Amortization calculator · See more »
Amortization schedule
An amortization schedule is a table detailing each periodic payment on an amortizing loan (typically a mortgage), as generated by an amortization calculator.
New!!: Mortgage loan and Amortization schedule · See more »
Annual percentage rate
The term annual percentage rate of charge (APR), corresponding sometimes to a nominal APR and sometimes to an effective APR (or EAPR), is the interest rate for a whole year (annualized), rather than just a monthly fee/rate, as applied on a loan, mortgage loan, credit card, etc.
New!!: Mortgage loan and Annual percentage rate · See more »
Annuity
An annuity is a series of payments made at equal intervals.
New!!: Mortgage loan and Annuity · See more »
Asset-backed security
An asset-backed security (ABS) is a security whose income payments and hence value are derived from and collateralized (or "backed") by a specified pool of underlying assets.
New!!: Mortgage loan and Asset-backed security · See more »
Assignment (law)
An assignment is a legal term used in the context of the law of contract and of real estate.
New!!: Mortgage loan and Assignment (law) · See more »
Bali
Bali (Balinese:, Indonesian: Pulau Bali, Provinsi Bali) is an island and province of Indonesia with the biggest Hindu population.
New!!: Mortgage loan and Bali · See more »
Balloon payment mortgage
A balloon payment mortgage is a mortgage which does not fully amortize over the term of the note, thus leaving a balance due at maturity.
New!!: Mortgage loan and Balloon payment mortgage · See more »
Bank
A bank is a financial institution that accepts deposits from the public and creates credit.
New!!: Mortgage loan and Bank · See more »
Bank of England
The Bank of England, formally the Governor and Company of the Bank of England, is the central bank of the United Kingdom of Great Britain and Northern Ireland and the model on which most modern central banks have been based.
New!!: Mortgage loan and Bank of England · See more »
Bankruptcy
Bankruptcy is a legal status of a person or other entity that cannot repay debts to creditors.
New!!: Mortgage loan and Bankruptcy · See more »
Biweekly mortgage
A Biweekly mortgage is a type of mortgage loan where payments are made every two weeks rather than monthly.
New!!: Mortgage loan and Biweekly mortgage · See more »
Blanket loan
A blanket loan, or blanket mortgage, is a type of loan used to fund the purchase of more than one piece of real property.
New!!: Mortgage loan and Blanket loan · See more »
Bond (finance)
In finance, a bond is an instrument of indebtedness of the bond issuer to the holders.
New!!: Mortgage loan and Bond (finance) · See more »
Bridge loan
A bridge loan is a type of short-term loan, typically taken out for a period of 2 weeks to 3 years pending the arrangement of larger or longer-term financing.
New!!: Mortgage loan and Bridge loan · See more »
Building society
A building society is a financial institution owned by its members as a mutual organization.
New!!: Mortgage loan and Building society · See more »
Bullet loan
In banking and finance, a bullet loan is a loan where a payment of the entire principal of the loan, and sometimes the principal and interest, is due at the end of the loan term.
New!!: Mortgage loan and Bullet loan · See more »
Buy to let
Buy-to-let is a British phrase referring to the purchase of a property specifically to let out, that is to rent it out.
New!!: Mortgage loan and Buy to let · See more »
Canada Mortgage and Housing Corporation
Canada Mortgage and Housing Corporation (CMHC) is a Crown corporation of the Government of Canada.
New!!: Mortgage loan and Canada Mortgage and Housing Corporation · See more »
Civil law (legal system)
Civil law, civilian law, or Roman law is a legal system originating in Europe, intellectualized within the framework of Roman law, the main feature of which is that its core principles are codified into a referable system which serves as the primary source of law.
New!!: Mortgage loan and Civil law (legal system) · See more »
Collateral (finance)
In lending agreements, collateral is a borrower's pledge of specific property to a lender, to secure repayment of a loan.
New!!: Mortgage loan and Collateral (finance) · See more »
Commentaries on the Laws of England
The Commentaries on the Laws of England are an influential 18th-century treatise on the common law of England by Sir William Blackstone, originally published by the Clarendon Press at Oxford, 1765–1769.
New!!: Mortgage loan and Commentaries on the Laws of England · See more »
Commercial lender (U.S.)
In the United States a commercial lender offers loans backed by hard collateral.
New!!: Mortgage loan and Commercial lender (U.S.) · See more »
Commercial mortgage
A commercial mortgage is a mortgage loan secured by commercial property, such as an office building, shopping center, industrial warehouse, or apartment complex.
New!!: Mortgage loan and Commercial mortgage · See more »
Compound interest
Compound interest is the addition of interest to the principal sum of a loan or deposit, or in other words, interest on interest.
New!!: Mortgage loan and Compound interest · See more »
Consumer protection
In regulatory jurisdictions that provide for this (a list including most or all developed countries with free market economies) consumer protection is a group of laws and organizations designed to ensure the rights of consumers, as well as fair trade, competition, and accurate information in the marketplace.
New!!: Mortgage loan and Consumer protection · See more »
Conveyancing
In law, conveyancing is the transfer of legal title of real property from one person to another, or the granting of an encumbrance such as a mortgage or a lien.
New!!: Mortgage loan and Conveyancing · See more »
Covered bond
Covered bonds are debt securities issued by a bank or mortgage institution and collateralised against a pool of assets that, in case of failure of the issuer, can cover claims at any point of time.
New!!: Mortgage loan and Covered bond · See more »
Credit score
A credit score is a numerical expression based on a level analysis of a person's credit files, to represent the creditworthiness of an individual.
New!!: Mortgage loan and Credit score · See more »
Credit union
A credit union is a member-owned financial cooperative, controlled by its members and operated on the principle of people helping people, providing its members credit at competitive rates as well as other financial services.
New!!: Mortgage loan and Credit union · See more »
Creditor
A creditor is a party (for example, person, organization, company, or government) that has a claim on the services of a second party.
New!!: Mortgage loan and Creditor · See more »
Debt-to-income ratio
A debt income ratio (often abbreviated DTI) is the percentage of a consumer's monthly gross income that goes toward paying debts.
New!!: Mortgage loan and Debt-to-income ratio · See more »
Debtor
A debtor is an entity that owes a debt to another entity.
New!!: Mortgage loan and Debtor · See more »
Deed
A deed (anciently "an evidence") is any legal instrument in writing which passes, affirms or confirms an interest, right, or property and that is signed, attested, delivered, and in some jurisdictions, sealed.
New!!: Mortgage loan and Deed · See more »
Denmark
Denmark (Danmark), officially the Kingdom of Denmark,Kongeriget Danmark,.
New!!: Mortgage loan and Denmark · See more »
Deposit account
A deposit account is a savings account, current account or any other type of bank account that allows money to be deposited and withdrawn by the account holder.
New!!: Mortgage loan and Deposit account · See more »
Discount points
Discount points, also called mortgage points or simply points, are a form of pre-paid interest available in the United States when arranging a mortgage.
New!!: Mortgage loan and Discount points · See more »
Easement
An easement is a nonpossessory right to use and/or enter onto the real property of another without possessing it.
New!!: Mortgage loan and Easement · See more »
Economic rent
In economics, economic rent is any payment to an owner or factor of production in excess of the costs needed to bring that factor into production.
New!!: Mortgage loan and Economic rent · See more »
EMortgages
An eMortgage is an electronic mortgage where the loan documentation is created, executed, transferred and stored electronically.
New!!: Mortgage loan and EMortgages · See more »
Encumbrance
An encumbrance is a right to, interest in, or legal liability on real property that does not prohibit passing title to the property but that diminishes its value.
New!!: Mortgage loan and Encumbrance · See more »
Endowment mortgage
An endowment mortgage is a mortgage loan arranged on an interest-only basis where the capital is intended to be repaid by one or more (usually Low-Cost) endowment policies.
New!!: Mortgage loan and Endowment mortgage · See more »
Equated monthly installment
An equated monthly installment (EMI) is defined by Investopedia as "A fixed payment amount made by a borrower to a lender at a specified date each calendar month.
New!!: Mortgage loan and Equated monthly installment · See more »
Equity loan
United Kingdom (UK) In the UK an "Equity Loan" is the term used to describe additional borrowing, normally secured as a subsequent charge, as a top-up to the amount a home owner/purchaser can borrow from a main mortgage provider.
New!!: Mortgage loan and Equity loan · See more »
Equity release
Equity release is a means of retaining use of a house or other object which has capital value, while also obtaining a lump sum or a steady stream of income, using the value of the house.
New!!: Mortgage loan and Equity release · See more »
European Union
The European Union (EU) is a political and economic union of EUnum member states that are located primarily in Europe.
New!!: Mortgage loan and European Union · See more »
Fannie Mae
The Federal National Mortgage Association (FNMA), commonly known as Fannie Mae, is a United States government-sponsored enterprise (GSE) and, since 1968, a publicly traded company.
New!!: Mortgage loan and Fannie Mae · See more »
Federal government of the United States
The federal government of the United States (U.S. federal government) is the national government of the United States, a constitutional republic in North America, composed of 50 states, one district, Washington, D.C. (the nation's capital), and several territories.
New!!: Mortgage loan and Federal government of the United States · See more »
Federal Housing Administration
The Federal Housing Administration (FHA) is a United States government agency created in part by the National Housing Act of 1934.
New!!: Mortgage loan and Federal Housing Administration · See more »
Fee simple
In English law, a fee simple or fee simple absolute is an estate in land, a form of freehold ownership.
New!!: Mortgage loan and Fee simple · See more »
FHA insured loan
An FHA insured loan is a US Federal Housing Administration mortgage insurance backed mortgage loan which is provided by an FHA-approved lender.
New!!: Mortgage loan and FHA insured loan · See more »
Financial Conduct Authority
The Financial Conduct Authority (FCA) is a financial regulatory body in the United Kingdom, but operates independently of the UK Government, and is financed by charging fees to members of the financial services industry.
New!!: Mortgage loan and Financial Conduct Authority · See more »
Financial crisis of 2007–2008
The financial crisis of 2007–2008, also known as the global financial crisis and the 2008 financial crisis, is considered by many economists to have been the worst financial crisis since the Great Depression of the 1930s.
New!!: Mortgage loan and Financial crisis of 2007–2008 · See more »
Financial institution
Financial institutions, otherwise known as banking institutions, are corporations which provide services as intermediaries of financial markets.
New!!: Mortgage loan and Financial institution · See more »
Financial Services Authority
The Financial Services Authority (FSA) was a quasi-judicial body responsible for the regulation of the financial services industry in the United Kingdom between 2001 and 2013.
New!!: Mortgage loan and Financial Services Authority · See more »
Fixed-rate mortgage
A fixed-rate mortgage (FRM), often referred to as a "vanilla wafer" mortgage loan, is a fully amortizing mortgage loan where the interest rate on the note remains the same through the term of the loan, as opposed to loans where the interest rate may adjust or "float".
New!!: Mortgage loan and Fixed-rate mortgage · See more »
Flexible mortgage
The term flexible mortgage refers to a residential mortgage loan that offers flexibility in the requirements to make monthly repayments.
New!!: Mortgage loan and Flexible mortgage · See more »
Floating interest rate
A floating interest rate, also known as a variable or adjustable rate, refers to any type of debt instrument, such as a loan, bond, mortgage, or credit, that does not have a fixed rate of interest over the life of the instrument.
New!!: Mortgage loan and Floating interest rate · See more »
Foreclosure
Foreclosure is a legal process in which a lender attempts to recover the balance of a loan from a borrower who has stopped making payments to the lender by forcing the sale of the asset used as the collateral for the loan.
New!!: Mortgage loan and Foreclosure · See more »
Foreign currency mortgage
A foreign currency mortgage is a mortgage which is repayable in a currency other than the currency of the country in which the borrower is a resident.
New!!: Mortgage loan and Foreign currency mortgage · See more »
Foreign exchange risk
Foreign exchange risk (also known as FX risk, exchange rate risk or currency risk) is a financial risk that exists when a financial transaction is denominated in a currency other than that of the base currency of the company.
New!!: Mortgage loan and Foreign exchange risk · See more »
Foreign national mortgage
A mortgage to a non resident is called a Foreign National Mortgage loan.
New!!: Mortgage loan and Foreign national mortgage · See more »
Freddie Mac
The Federal Home Loan Mortgage Corporation (FHLMC), known as Freddie Mac, is a public government-sponsored enterprise (GSE), headquartered in Tysons Corner, Virginia.
New!!: Mortgage loan and Freddie Mac · See more »
George Soros
George Soros, Hon (Soros György,; born György Schwartz; August 12, 1930) is a Hungarian-American investor, business magnate, philanthropist, political activist and author.
New!!: Mortgage loan and George Soros · See more »
Germany
Germany (Deutschland), officially the Federal Republic of Germany (Bundesrepublik Deutschland), is a sovereign state in central-western Europe.
New!!: Mortgage loan and Germany · See more »
Government National Mortgage Association
The Government National Mortgage Association (GNMA), or Ginnie Mae, was established in the United States in 1968 to promote home ownership.
New!!: Mortgage loan and Government National Mortgage Association · See more »
Graduated payment mortgage loan
A graduated payment mortgage loan, often referred to as GPM, is a mortgage with low initial monthly payments which gradually increase over a specified time frame.
New!!: Mortgage loan and Graduated payment mortgage loan · See more »
Hard money loan
A hard money loan is a specific type of asset-based loan financing through which a borrower receives funds secured by real property.
New!!: Mortgage loan and Hard money loan · See more »
Hire purchase
A hire purchase (HP) or known as installment plan in the United States is an arrangement whereby a customer agrees to a contract to acquire an asset by paying an initial installment (e.g. 40% of the total) and repays the balance of the price of the asset plus interest over a period of time.
New!!: Mortgage loan and Hire purchase · See more »
Home equity
Home equity is the market value of a homeowner's unencumbered interest in their real property, that is, the difference between the home's fair market value and the outstanding balance of all liens on the property.
New!!: Mortgage loan and Home equity · See more »
Home insurance
Home insurance, also commonly called homeowner's insurance (often abbreviated in the US real estate industry as HOI), is a type of property insurance that covers a private residence.
New!!: Mortgage loan and Home insurance · See more »
Hypothec
Hypothec (16th century, from Fr. hypothèque, from Lat. hypotheca, from Gk. ὐποθήκη: hypothēkē), sometimes tacit hypothec, is a term used in mixed legal systems (e.g. Scots law, South African law, Ukrainian law (Іпотека)) to refer to an express or implied non-possessory real security over corporeal movable property.
New!!: Mortgage loan and Hypothec · See more »
India
India (IAST), also called the Republic of India (IAST), is a country in South Asia.
New!!: Mortgage loan and India · See more »
Individual Savings Account
An Individual Savings Account (ISA) is a class of retail investment arrangements available to residents of the United Kingdom.
New!!: Mortgage loan and Individual Savings Account · See more »
Insolvency
Insolvency is the state of being unable to pay the money owed, by a person or company, on time; those in a state of insolvency are said to be insolvent.
New!!: Mortgage loan and Insolvency · See more »
Interest
Interest is payment from a borrower or deposit-taking financial institution to a lender or depositor of an amount above repayment of the principal sum (i.e., the amount borrowed), at a particular rate.
New!!: Mortgage loan and Interest · See more »
Interest rate
An interest rate is the amount of interest due per period, as a proportion of the amount lent, deposited or borrowed (called the principal sum).
New!!: Mortgage loan and Interest rate · See more »
Interest rate risk
Interest rate risk is the risk that arises for bond owners from fluctuating interest rates.
New!!: Mortgage loan and Interest rate risk · See more »
Interest-only loan
An interest-only loan is a loan in which the borrower pays only the interest for some or all of the term, with the principal balance unchanged during the interest-only period.
New!!: Mortgage loan and Interest-only loan · See more »
Investor
An investor is a person that allocates capital with the expectation of a future financial return.
New!!: Mortgage loan and Investor · See more »
Islam
IslamThere are ten pronunciations of Islam in English, differing in whether the first or second syllable has the stress, whether the s is or, and whether the a is pronounced, or (when the stress is on the first syllable) (Merriam Webster).
New!!: Mortgage loan and Islam · See more »
Islamic banking and finance
Islamic banking or Islamic finance (مصرفية إسلامية) or sharia-compliant finance is banking or financing activity that complies with sharia (Islamic law) and its practical application through the development of Islamic economics.
New!!: Mortgage loan and Islamic banking and finance · See more »
Jim Flaherty
James Michael Flaherty, (December 30, 1949 – April 10, 2014) was Canada's federal Minister of Finance (2006–2014) and also a former provincial Minister of Finance for Ontario (2001–2002).
New!!: Mortgage loan and Jim Flaherty · See more »
Jumbo mortgage
In the United States, a jumbo mortgage is a mortgage loan that may have high credit quality, but is in an amount above conventional conforming loan limits.
New!!: Mortgage loan and Jumbo mortgage · See more »
Law French
Law French is an archaic language originally based on Old Norman and Anglo-Norman, but increasingly influenced by Parisian French and, later, English.
New!!: Mortgage loan and Law French · See more »
Legal professions in England and Wales
Legal professions in England and Wales are divided between two distinct branches under the legal system, those of solicitors and barristers.
New!!: Mortgage loan and Legal professions in England and Wales · See more »
Lien
A lien is a form of security interest granted over an item of property to secure the payment of a debt or performance of some other obligation.
New!!: Mortgage loan and Lien · See more »
Loan
In finance, a loan is the lending of money by one or more individuals, organizations, and/or other entities to other individuals, organizations etc.
New!!: Mortgage loan and Loan · See more »
Loan servicing
Loan servicing is the process by which a company (mortgage bank, servicing firm, etc.) collects interest, principal, and escrow payments from a borrower.
New!!: Mortgage loan and Loan servicing · See more »
Loan-to-value ratio
The loan-to-value (LTV) ratio is a financial term used by lenders to express the ratio of a loan to the value of an asset purchased.
New!!: Mortgage loan and Loan-to-value ratio · See more »
Location Efficient Mortgage
Location Efficient Mortgage (or LEM) is a mortgage available to people who buy a home in locations where they don't need to rely on automobiles as much or at all for transportation.
New!!: Mortgage loan and Location Efficient Mortgage · See more »
Mechanic's lien
A mechanic's lien is a security interest in the title to property for the benefit of those who have supplied labor or materials that improve the property.
New!!: Mortgage loan and Mechanic's lien · See more »
Middle Ages
In the history of Europe, the Middle Ages (or Medieval Period) lasted from the 5th to the 15th century.
New!!: Mortgage loan and Middle Ages · See more »
Mortgage assumption
Mortgage assumption is the conveyance of the terms and balance of an existing mortgage to the purchaser of a financed property, commonly requiring that the assuming party is qualified under lender or guarantor guidelines.
New!!: Mortgage loan and Mortgage assumption · See more »
Mortgage industry of Denmark
The mortgage industry of Denmark provides borrowers with flexible and transparent loans on conditions close to the funding conditions of capital market players.
New!!: Mortgage loan and Mortgage industry of Denmark · See more »
Mortgage insurance
Mortgage Insurance (also known as mortgage guarantee and home-loan insurance) is an insurance policy which compensates lenders or investors for losses due to the default of a mortgage loan.
New!!: Mortgage loan and Mortgage insurance · See more »
Mortgage investment corporation
Requires updating to reflect the current Income Tax Act and the growth of MICs that trade on the TSX.
New!!: Mortgage loan and Mortgage investment corporation · See more »
Mortgage law
A mortgage is a security interest in real property held by a lender as a security for a debt, usually a loan of money.
New!!: Mortgage loan and Mortgage law · See more »
Mortgage note
In the United States, a mortgage note (also known as a real estate lien note, borrower's note) is a promissory note secured by a specified mortgage loan.
New!!: Mortgage loan and Mortgage note · See more »
Mortgage origination
Mortgage origination, a specialized subset of loan origination, in consumer lending is the process by which a lender works with a borrower to complete a mortgage transaction, resulting in a mortgage loan.
New!!: Mortgage loan and Mortgage origination · See more »
Mortgage-backed security
A mortgage-backed security (MBS) is a type of asset-backed security that is secured by a mortgage or collection of mortgages.
New!!: Mortgage loan and Mortgage-backed security · See more »
National Mortgage Crisis of the 1930s
The National Mortgage Crisis of the 1930s was a Depression-era crisis in the United States characterized by high-default rates and soaring loan-to-value ratios in the residential housing market.
New!!: Mortgage loan and National Mortgage Crisis of the 1930s · See more »
Negative amortization
In finance, negative amortization (also known as NegAm, deferred interest or graduated payment mortgage) occurs whenever the loan payment for any period is less than the interest charged over that period so that the outstanding balance of the loan increases.
New!!: Mortgage loan and Negative amortization · See more »
Netherlands
The Netherlands (Nederland), often referred to as Holland, is a country located mostly in Western Europe with a population of seventeen million.
New!!: Mortgage loan and Netherlands · See more »
No income, no asset
No income, no asset (NINA) is a term used in the United States mortgage industry to describe one of many documentation types which lenders may allow when underwriting a mortgage.
New!!: Mortgage loan and No income, no asset · See more »
Nonrecourse debt
Nonrecourse debt or a nonrecourse loan is a secured loan (debt) that is secured by a pledge of collateral, typically real property, but for which the borrower is not personally liable.
New!!: Mortgage loan and Nonrecourse debt · See more »
Office of the Superintendent of Financial Institutions
The Office of the Superintendent of Financial Institutions (OSFI; Bureau du surintendant des institutions financières) is an independent agency of the Government of Canada reporting to the Minister of Finance created "to contribute to public confidence in the Canadian financial system".
New!!: Mortgage loan and Office of the Superintendent of Financial Institutions · See more »
Owner-occupancy
Owner-occupancy or home-ownership is a form of housing tenure where a person, called the owner-occupier, owner-occupant, or home owner, owns the home in which he/she lives.
New!!: Mortgage loan and Owner-occupancy · See more »
Package loan
A package loan is a real estate loan used to finance the purchase of both real property and personal property, such as in the purchase of a new home that includes carpeting, window coverings and major appliances.
New!!: Mortgage loan and Package loan · See more »
Participation mortgage
A participation mortgage or participating mortgage is a mortgage loan, or sometimes a group of them, in which two or more persons have fractional equitable interests.
New!!: Mortgage loan and Participation mortgage · See more »
Passive income
Passive income is income resulting from cash flow received on a regular basis, requiring minimal to no effort by the recipient to maintain it.
New!!: Mortgage loan and Passive income · See more »
Pension fund
A pension fund, also known as a superannuation fund in some countries, is any plan, fund, or scheme which provides retirement income.
New!!: Mortgage loan and Pension fund · See more »
Perfection (law)
In law, perfection relates to the additional steps required to be taken in relation to a security interest in order to make it effective against third parties or to retain its effectiveness in the event of default by the grantor of the security interest.
New!!: Mortgage loan and Perfection (law) · See more »
Personal Equity Plan
In the United Kingdom a Personal Equity Plan was a form of tax-privileged investment account.
New!!: Mortgage loan and Personal Equity Plan · See more »
Pfandbrief
The Pfandbrief (plural: Pfandbriefe), a mostly triple-A rated German bank debenture, has become the blueprint of many covered bond models in Europe and beyond.
New!!: Mortgage loan and Pfandbrief · See more »
Portfolio (finance)
In finance, a portfolio is a collection of investments held by an investment company, hedge fund, financial institution or individual.
New!!: Mortgage loan and Portfolio (finance) · See more »
Pre-approval
In lending, pre-approval has two meanings: The first is that a lender, via public or proprietary information, feels that a potential borrower is completely credit worthy enough for a certain credit product, and approaches the potential customer with a guarantee that should they want that product, they would be guaranteed to get it.
New!!: Mortgage loan and Pre-approval · See more »
Pre-qualification (lending)
Pre-qualification is a process whereby a loan officer takes information from a borrower and makes a tentative assessment of how much the lending institution is willing to lend them.
New!!: Mortgage loan and Pre-qualification (lending) · See more »
Predatory lending
Predatory lending is the unfair, deceptive, or fraudulent practices of some lenders during the loan origination process.
New!!: Mortgage loan and Predatory lending · See more »
Prepayment of loan
Prepayment is the early repayment of a loan by a borrower, in part or in full, often as a result of optional refinancing to take advantage of lower interest rates.
New!!: Mortgage loan and Prepayment of loan · See more »
Promissory note
A promissory note, sometimes referred to as a note payable, is a legal instrument (more particularly, a financial instrument and a debt instrument), in which one party (the maker or issuer) promises in writing to pay a determinate sum of money to the other (the payee), either at a fixed or determinable future time or on demand of the payee, under specific terms.
New!!: Mortgage loan and Promissory note · See more »
Property law
Property law is the area of law that governs the various forms of ownership and tenancy in real property (land as distinct from personal or movable possessions) and in personal property, within the common law legal system.
New!!: Mortgage loan and Property law · See more »
Prudential Regulation Authority (United Kingdom)
The Prudential Regulation Authority (PRA) is a United Kingdom financial services regulatory body, formed as one of the successors to the Financial Services Authority (FSA).
New!!: Mortgage loan and Prudential Regulation Authority (United Kingdom) · See more »
Real property
In English common law, real property, real estate, realty, or immovable property is land which is the property of some person and all structures (also called improvements or fixtures) integrated with or affixed to the land, including crops, buildings, machinery, wells, dams, ponds, mines, canals, and roads, among other things.
New!!: Mortgage loan and Real property · See more »
Refinancing
Refinancing is the replacement of an existing debt obligation with another debt obligation under different terms.
New!!: Mortgage loan and Refinancing · See more »
Remortgage
A remortgage (known as refinancing in the United States) is the process of paying off one mortgage with the proceeds from a new mortgage using the same property as security.
New!!: Mortgage loan and Remortgage · See more »
Repayment mortgage
A repayment mortgage is a term generally used in the UK to describe a mortgage in which the monthly repayments consist of repaying the capital amount borrowed as well as the accrued interest, so that the amount borrowed decreases throughout the term and by the end of the loan term has been fully repaid.
New!!: Mortgage loan and Repayment mortgage · See more »
Repossession
Repossession is a term used to describe when.
New!!: Mortgage loan and Repossession · See more »
Reverse mortgage
A reverse mortgage is a type of home loan for older homeowners that requires no monthly mortgage payments.
New!!: Mortgage loan and Reverse mortgage · See more »
Right of redemption
The right of redemption, in the law of real property, is the right of a debtor whose real property has been foreclosed upon and sold to reclaim that property if they are able to come up with the money to repay the amount of the debt.
New!!: Mortgage loan and Right of redemption · See more »
Savings and loan crisis
The savings and loan crisis of the 1980s and 1990s (commonly dubbed the S&L crisis) was the failure of 1,043 out of the 3,234 savings and loan associations in the United States from 1986 to 1995: the Federal Savings and Loan Insurance Corporation (FSLIC) closed or otherwise resolved 296 institutions from 1986 to 1989 and the Resolution Trust Corporation (RTC) closed or otherwise resolved 747 institutions from 1989 to 1995.
New!!: Mortgage loan and Savings and loan crisis · See more »
Secured loan
A secured loan, is a loan in which the borrower pledges some asset (e.g. a car or property) as collateral for the loan, which then becomes a secured debt owed to the creditor who gives the loan.
New!!: Mortgage loan and Secured loan · See more »
Securitization
Securitization is the financial practice of pooling various types of contractual debt such as residential mortgages, commercial mortgages, auto loans or credit card debt obligations (or other non-debt assets which generate receivables) and selling their related cash flows to third party investors as securities, which may be described as bonds, pass-through securities, or collateralized debt obligations (CDOs).
New!!: Mortgage loan and Securitization · See more »
Security (finance)
A security is a tradable financial asset.
New!!: Mortgage loan and Security (finance) · See more »
Security agreement
A security agreement, in the law of the United States, is a contract that governs the relationship between the parties to a kind of financial transaction known as a secured transaction.
New!!: Mortgage loan and Security agreement · See more »
Security interest
A security interest is a legal right granted by a debtor to a creditor over the debtor's property (usually referred to as the collateral) which enables the creditor to have recourse to the property if the debtor defaults in making payment or otherwise performing the secured obligations.
New!!: Mortgage loan and Security interest · See more »
Seller financing
Seller financing is a loan provided by the seller of a property or business to the purchaser.
New!!: Mortgage loan and Seller financing · See more »
Shared appreciation mortgage
A shared appreciation mortgage or SAM is a mortgage in which the lender agrees as part of the loan to accept some or all payment in the form of a share of the increase in value (the appreciation) of the property.
New!!: Mortgage loan and Shared appreciation mortgage · See more »
Sharia
Sharia, Sharia law, or Islamic law (شريعة) is the religious law forming part of the Islamic tradition.
New!!: Mortgage loan and Sharia · See more »
Stamp duty
Stamp duty is a tax that is levied on documents.
New!!: Mortgage loan and Stamp duty · See more »
Standard form contract
A standard form contract (sometimes referred to as a contract of adhesion, a leonine contract, a take-it-or-leave-it contract, or a boilerplate contract) is a contract between two parties, where the terms and conditions of the contract are set by one of the parties, and the other party has little or no ability to negotiate more favorable terms and is thus placed in a "take it or leave it" position.
New!!: Mortgage loan and Standard form contract · See more »
State-owned enterprise
A state-owned enterprise (SOE) is a business enterprise where the state has significant control through full, majority, or significant minority ownership.
New!!: Mortgage loan and State-owned enterprise · See more »
Subprime lending
In finance, subprime lending (also referred to as near-prime, subpar, non-prime, and second-chance lending) means making loans to people who may have difficulty maintaining the repayment schedule, sometimes reflecting setbacks, such as unemployment, divorce, medical emergencies, etc.
New!!: Mortgage loan and Subprime lending · See more »
Subprime mortgage crisis
The United States subprime mortgage crisis was a nationwide banking emergency, occurring between 2007 and 2010, that contributed to the U.S. recession of December 2007 – June 2009.
New!!: Mortgage loan and Subprime mortgage crisis · See more »
The New York Times International Edition
The New York Times International Edition is an English-language newspaper printed at 38 sites throughout the world and sold in more than 160 countries and territories.
New!!: Mortgage loan and The New York Times International Edition · See more »
The Wall Street Journal
The Wall Street Journal is a U.S. business-focused, English-language international daily newspaper based in New York City.
New!!: Mortgage loan and The Wall Street Journal · See more »
Time value of money
The time value of money is the greater benefit of receiving money now rather than later.
New!!: Mortgage loan and Time value of money · See more »
UK mortgage terminology
This page gives descriptions of UK mortgage terminology which can often confuse borrowers.
New!!: Mortgage loan and UK mortgage terminology · See more »
United Kingdom
The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain,Usage is mixed with some organisations, including the and preferring to use Britain as shorthand for Great Britain is a sovereign country in western Europe.
New!!: Mortgage loan and United Kingdom · See more »
United Nations
The United Nations (UN) is an intergovernmental organization tasked to promote international cooperation and to create and maintain international order.
New!!: Mortgage loan and United Nations · See more »
United Nations Economic Commission for Europe
The United Nations Economic Commission for Europe (UNECE or ECE) was established in 1947 to encourage economic cooperation among its member States.
New!!: Mortgage loan and United Nations Economic Commission for Europe · See more »
United States Department of the Treasury
The Department of the Treasury (USDT) is an executive department and the treasury of the United States federal government.
New!!: Mortgage loan and United States Department of the Treasury · See more »
United States Department of Veterans Affairs
The United States Department of Veterans Affairs (VA) is a federal Cabinet-level agency that provides near-comprehensive healthcare services to eligible military veterans at VA medical centers and outpatient clinics located throughout the country; several non-healthcare benefits including disability compensation, vocational rehabilitation, education assistance, home loans, and life insurance; and provides burial and memorial benefits to eligible veterans and family members at 135 national cemeteries.
New!!: Mortgage loan and United States Department of Veterans Affairs · See more »
VA loan
A VA loan is a mortgage loan in the United States guaranteed by the United States Department of Veterans Affairs (VA).
New!!: Mortgage loan and VA loan · See more »
Wraparound mortgage
A wraparound mortgage, more commonly known as a "wrap", is a form of secondary financing for the purchase of real property.
New!!: Mortgage loan and Wraparound mortgage · See more »
Yield curve
In finance, the yield curve is a curve showing several yields or interest rates across different contract lengths (2 month, 2 year, 20 year, etc....) for a similar debt contract.
New!!: Mortgage loan and Yield curve · See more »
2010 United States foreclosure crisis
The 2010 United States foreclosure crisis, sometimes referred to as Foreclosure-gate or Foreclosuregate, refers to a widespread epidemic of improper foreclosures initiated by large banks and other lenders.
New!!: Mortgage loan and 2010 United States foreclosure crisis · See more »
Redirects here:
100 per cent mortgage, 100% mortgage, 40 year mortgage, 50 year mortgage, Bad Credit Mortgage, Consumer mortgage, Conventional mortgage, Conventional mortgage loan, Curtailment, Equity Mortgage, Home Loan, Home loan, Home loans, Home mortgage, Homeowner loan, Housing loan, Islamic mortgage, Mortage, Mortgage, Mortgage Basics, Mortgage agreement, Mortgage basics, Mortgage debt, Mortgage interest, Mortgage loans, Mortgage rates, Mortgages, Mortgaging, Principal curtailment, Residential mortgages, Seasoned mortgage, Self-cert mortgage.
References
[1] https://en.wikipedia.org/wiki/Mortgage_loan
