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...
- A reverse mortgage is a mortgage loan, usually secured over a residential property, that enables the borrower to access the unen****bered value of the property...
- 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...
- 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...
- lender is not able to recover its costs after foreclosure and sale of the mortgaged property. Typical rates are $55/mo. per $100,000 financed, or as high...
- supported Republican Governor Ryan's payday loan regulations and predatory mortgage lending regulations aimed at averting home foreclosures. He was reelected...
- A mortgage broker acts as an intermediary who brokers mortgage loans on behalf of individuals or businesses. Traditionally, banks and other lending institutions...
- pension scheme, a minimum wage, anti-discrimination laws, and a state mortgage backer. Tourism is a major part of the economy, accounting for five per...
- Mortgage calculators are automated tools that enable users to determine the financial implications of changes in one or more variables in a mortgage financing...
- second mortgage is a lien on a property which is subordinate to a more senior mortgage or loan. Called lien holders positioning, the second mortgage falls...
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