Definition of Mortgaged. Meaning of Mortgaged. Synonyms of Mortgaged

Here you will find one or more explanations in English for the word Mortgaged. Also in the bottom left of the page several parts of wikipedia pages related to the word Mortgaged and, of course, Mortgaged synonyms and on the right images related to the word Mortgaged.

Definition of Mortgaged

Mortgaged
Mortgage Mort"gage, v. t. [imp. & p. p. Mortgaged; p. pr. & vb. n. Mortgaging.] 1. (Law) To grant or convey, as property, for the security of a debt, or other engagement, upon a condition that if the debt or engagement shall be discharged according to the contract, the conveyance shall be void, otherwise to become absolute, subject, however, to the right of redemption. 2. Hence: To pledge, either literally or figuratively; to make subject to a claim or obligation. Mortgaging their lives to covetise. --Spenser. I myself an mortgaged to thy will. --Shak.

Meaning of Mortgaged from wikipedia

- lien on the property being mortgaged. The loan is "secured" on the borrower's property through a process known as mortgage origination. This means that...
- property (such as ships) and in some jurisdictions only land may be mortgaged. A mortgage is the standard method by which individuals and businesses can purchase...
- A reverse mortgage is a mortgage loan, usually secured by a residential property, that enables the borrower to access the unen****bered value of the property...
- which the second mortgage is originated, the loan can be structured as either a standalone second mortgage or piggyback second mortgage. Whilst a standalone...
- A mortgage broker acts as an intermediary who brokers mortgage loans on behalf of individuals or businesses. Traditionally, banks and other lending institutions...
- A commercial mortgage is a mortgage loan secured by commercial property, such as an office building, shopping center, industrial warehouse, or apartment...
- Mortgage ****umption is the conveyance of the terms and balance of an existing mortgage to the purchaser of a financed property, commonly requiring that...
- Mortgage Lifter is the name given to a cultivar of tomato developed by Willam Estler of Barboursville, West Virginia, in 1922. He registered the name in...
- Mortgage underwriting is the process a lender uses to determine if the risk (especially the risk that the borrower will default ) of offering a mortgage...
- MortgageIT formerly MIT Lending is a residential mortgage banking company that was founded in 1988 and is headquartered in New York City. By 2004, the...