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mortgage
(redirected from home loan)

   Also found in: Dictionary/thesaurus, Legal, Financial, Encyclopedia, Wikipedia 0.01 sec.
mortgage,
n a right given to the creditor over the property of the debtor for the security of the debt; invests the creditor with the power to have the property seized and sold in default of payment.


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The current real estate and foreclosure crisis began two or three years ago Since then homeowners have been working towards getting home loan modifications from their banks The current real estate and foreclosure crisis began two or three years ago.
VA home loan members also enjoy the luxury of not having to pay advance insurance.
If all these are favorable, then getting a home loan may be a sound financial decision.
 
 
 
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