put up as security or collateral a conditional conveyance of property as security for the repayment of a loan
A mortgage is a method of using property (real or personal) as security for the payment of a debt.
A security over property given to the lender for the repayment of principal and the payment of interest on the loan. A mortgage over land is registered or noted on the Certificate of Title to that land. The party that has the benefit of the mortgage (usually the lender) is called the mortgagee. ...
The instrument by which real estate is pledged as security for repayment of a loan.
A financial agreement between a lender and a buyer in which the property is used as collateral for the loan. A mortgage gives the lender the right to collect payments on the loan (and to foreclose on the property if those payments are not made).
An instrument for lending money on real estate. The property is pledged as security for the loan, and the lender has the right to take over the property if the borrower defaults on the terms of the loan. ...
A loan in which the borrower (the mortgagor) offers a property and land as security to the lender (the mortgagee) until the loan is repaid. Repayments of the loan are usually made on a monthly basis over a long period of time, typically 25 years. ...
An interest in real property given as security for the payment of an obligation.
A legal contract that pledges a property as security for a loan.
A conditioned pledge of property to a creditor as security for the payment of a debt.
A mortgage is a loan used to purchase or refinance a home. The property that is being purchased is used as security for the loan. BACK TO TOP
A loan to finance the purchase of real estate, for which the borrower pledges the real property as security for the repayment of the loan. The borrower gives the lender a lien on the property as collateral for the loan.
A loan which is repaid by a series of small, periodic payments until a given date, when either the balance comes due in a single, large payment or the amount of the payments rises significantly.
A lien or claim against real property given by the buyer to the lender as security for money borrowed.
A written document executed by the owner of land by which the land is given as security for the payment of a debt or performance of an obligation (rarely used in California).
A formal document executed by an owner of property, pledging that property as security for payment of a debt or performance of some other obligation. Also, the security instrument itself.
A legal claim received by the lender on a property as security for the loan made to a buyer to facilitate the purchase.
A document evidencing a debt owed by the borrower (mortgagor) to the lender (mortgagee). Registration of the mortgage in the Land Title Office transfers the mortgagor's interest in land to the mortgagee as security for the repayment of the debt.
An instrument used to encumber land as security for a debt.
A legal instrument in which property serves as security for the repayment of a loan. In some states, a deed of trust is used rather than a mortgage.
a lien on the property that secures the Promise to repay a loan.
A legal document pledging property as security for the payment of a loan.
A contract providing security for the repayment of a loan, registered against the property, with stated rights and remedies in the event of default. Lenders consider both the property (security) and the financial worth of the borrower (covenant) in deciding on a mortgage loan.
A form of security for a loan usually taken over real estate. The lender, the mortgagee, has the right to take the real estate if the mortgagor fails to repay the loan.
A pledge of property, especially real property, as security debt. By extension, the document evidences the pledge. In many states, this document is a deed of trust. The document may contain the terms of repayment of the debt. ...
An interest given on real property to guarantee the payment of a debt or execution of some action.
This is a legal document that pledges a property to the lender as security for payment of a debt. Mortgage Disability Insurance - This is a disability insurance policy which will pay the monthly mortgage payment in the event of a covered disability of an insured borrower for a specific period of ...
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