mortgage

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Related to home loan: home equity loan

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.
References in periodicals archive ?
This unique proposition of home loan balance transfer with a top-up from Bajaj Finserv could ensure lower interest rates and savings on EMIs.
Even with the very straightforward process of online application, you can still choose to seek assistance from BDO Home Loan Account Officers who are ready to assist you throughout your home loan journey.
LOAN ELIGIBILITY The home loan eligibility goes up in the case of joint home loans as the repayment capacity goes up depending on the income of the co- applicant.
Not surprisingly HUD got a lot of advice - 43,000 comments, by Sullivan's count - on how to achieve this goal, much of it from the home loan industry.
Two government-sponsored enterprises dominate secondary market purchases in conventional mortgage loans--the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac ).
The Office of Finance of the Federal Home Loan Banks today released financial highlights for the second quarter of 2011.
ICICI Bank said that reduction of home loan rates with effect from Tuesday is valid for all existing and new customers.
Second, because consumers incur upfront costs to file a home loan application-to cover, at a minimum, a property appraisal and credit bureau check-they have a strong incentive to learn about the prevailing standards for credit used by the industry and by particular lenders they might approach for credit.
America's Federal Home Loan Banks are doing their job well," said John von Seggern, president and CEO of the Council of Federal Home Loan Banks.
Customers availing a home loan from Bajaj Finserv can avail a three EMI holiday which allows the customer to start repaying the loan three months post the disbursal.
Even the home loan application is an easy and convenient process wherein the customer can check their eligibility online and calculate their EMI through the home loan EMI calculator with the flexibility of choosing their tenure.
You are essentially getting a new home loan so be prepared for lots of paperwork.