Meaning Collateral Mortgage
What does Collateral Mortgage mean? Here you find 5 meanings of the word Collateral Mortgage. You can also add a definition of Collateral Mortgage yourself
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Collateral MortgageA mortgage that secures a loan by way of a promissory note. The money borrowed can be used to buy a property or can be used for another purpose, such as a home renovation or a vacation.
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Collateral Mortgagesee mortgage
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Collateral MortgageA loan backed up by a promissory note and the security of a mortgage on a property. The money borrowed may be used for the purchase of the property itself or for another purpose, such as home renovati [..]
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Collateral MortgageA collateral mortgage is a mortgage that is registered on a property to secure one or more loans or lines of credit. Often a collateral mortgage can secure not only loans or lines of credit given by t [..]
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Collateral MortgageThe mortgage registered to document collateral security.
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