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What does mortgage mean?
Mortgage means a debt instrument, secured by the collateral of specified real estate property, that the borrower is obliged to pay back with a predetermined set of payments.
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Asked 9/15/2011 2:59:58 PM
Updated 12/7/2014 9:40:12 AM
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Edited by yumdrea [12/7/2014 9:40:11 AM]
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Mortgage means a debt instrument, secured by the collateral of specified real estate property, that the borrower is obliged to pay back with a predetermined set of payments.

Added 12/7/2014 9:40:12 AM
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What is a mortgage?
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Updated 7/19/2015 9:31:32 PM
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A mortgage is a legal agreement that conveys the conditional right of ownership on an asset or property by its owner (the mortgagor) to a lender (the mortgagee) as security for a loan.

Added 7/19/2015 9:31:32 PM
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