What is another term for mortgage?
What is another word for mortgage?
| advance | contract |
|---|---|
| hypothecation | loan |
| pledge | remortgage |
| title | bank loan |
| bridging loan | homeowner’s loan |
What is the best synonym for mortgage?
mortgage
- contract.
- debt.
- deed.
- pledge.
- title.
- homeowner’s loan.
What is the synonyms and antonyms of mortgage?
noun. ( ˈmɔrgədʒ, ˈmɔrgɪdʒ) A conditional conveyance of property as security for the repayment of a loan. Antonyms. secured bond unsecured bond repulsion detach unconnectedness. chattel mortgage second mortgage first mortgage.
What is a mortgage simple definition?
A simple definition of a mortgage is a type of loan you can use to buy or refinance a home. Mortgages are also referred to as “mortgage loans.” Mortgages are a way to buy a home without having all the cash upfront.
What is the opposite of a mortgage?
Opposite of a privilege of delayed payment extended to a buyer or borrower. cash. upfront payment. advance payment.
What is in a mortgage?
A mortgage payment is typically made up of four components: principal, interest, taxes and insurance. The Principal portion is the amount that pays down your outstanding loan amount. Interest is the cost of borrowing money. Mortgage insurance protects your lender in case you fail to repay your mortgage.
What is mortgage and types?
Mortgages are further classified as 1) Conventional mortgages 2) Jumbo mortgages 3) Government-insured mortgages 4) Fixed-rate mortgages 5) Adjustable-rate mortgages. Now, based on these, there are further loan type. Types of Mortgages in our country: Simple Mortgage.
What is collateral material?
Collateral materials are the media you use to convey a message about your company to an audience with the intention of increasing sales and brand awareness among target customers and clients.
What does the name mortgage mean?
A mortgage is a loan that the borrower uses to purchase or maintain a home or other form of real estate and agrees to pay back over time, typically in a series of regular payments. The property serves as collateral to secure the loan.
What is the meaning of the word mortgage?
Definition of mortgage. (Entry 1 of 2) 1 : a conveyance (see conveyance sense 2a) of or lien against property (as for securing a loan) that becomes void upon payment or performance according to stipulated terms took out a mortgage in order to buy the house. 2a : the instrument evidencing the mortgage.
What is the history of the word mortgage?
The origins of the word mortgage come from the French words mort (death), and gage (a pledge). The word mortgage came into Middle English by way of Middle and Old French.
What is an antonym of mortgage?
Antonyms for mortgage include redeem, cash, upfront payment, advance payment and cash payment. Find more opposite words at wordhippo.com!