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mortgage
(redirected from Seasoned mortgage)

   Also found in: Medical, Legal, Financial, Encyclopedia, Wikipedia 0.12 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.



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? Mentioned in ? References in periodicals archive
 
First National Bank said that the new seasoned loan transactional team focuses on acquiring high quality, seasoned, residential mortgage loans from financial institutions and other holders of seasoned mortgage loan portfolios.
The company today boasts a staff 152, including over 100 seasoned mortgage loan officers.
But seasoned mortgage brokers expect to feel less impact on their local businesses.
 
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