40 year mortgage - Hutchinson encyclopedia article about 40 year mortgage Printer Friendly
Dictionary, Encyclopedia and Thesaurus - The Free Dictionary
3,580,143,806 visitors served.
forum Join the Word of the Day Mailing List For webmasters
?
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

mortgage
(redirected from 40 year mortgage)

   Also found in: Dictionary/thesaurus, Medical, Legal, Financial, Encyclopedia, Wikipedia 0.01 sec.

mortgage

Transfer of property, usually a house, as a security for repayment of a loan. The loan is normally repaid to a bank or building society over a period of years.



How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content.
?Page tools
Printer friendly
Cite / link
Feedback
?Sign in SSL protected
Email:
Password:
Register

Mentioned in?  References in periodicals archive?   Hutchinson browser?   Full browser?
 
40 year mortgage commitment Additionally you still have the flexibility to move out at the end of the lease and find something different There is nothing better than having a large house all to yourself without the massive down payment and 30 ?
n addition, thousands of these building have 30 and 40 year mortgages that will be paid off in the next few years and their owners will be allowed to convert the units to market rates.
To accomplish this goal, the lender or servicer will first reduce the rate as low as 2 %, if they are not at the 31% DTI mark, then they will further extend the terms or amortization of the loan from a 30 year mortgage to a 40 year mortgage.
 
 
 
Hutchinson Encyclopedia
?

Terms of Use | Privacy policy | Feedback | Copyright © 2012 Farlex, Inc.
Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.