Business and Personal Finance Dictionary

# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 

• MORTGAGE LENDER - The party who disburses funds to the borrower at the closing table. The lender recei...
  
  
• MORTGAGE LIEN - A lien or charge on the property of a mortgagor that secures the underlying debt obliga...
  
  
• MORTGAGE LIFE AND DISABILITY INSURANCE - A type of term life insurance often bought by borrowers. The a...
  
  
• MORTGAGE LIFE INSURANCE - A type of term life insurance often bought by mortgagors. The amount of cover...
  
  
• MORTGAGE LIFE/DISABILITY INSURANCE - A form of insurance where the insurance amount decreases in lock s...
  
  
• MORTGAGE LOAN - an advance of funds from a lender, called the mortgagee, to a borrower, called the mort...
  
  
• MORTGAGE LOAN DISCLOSURE STATEMENT - Borrower disclosure mandated by Article 7 of the Real Estate Law. ...
  
  
• MORTGAGE LOAN SERVICING - The lender's actions in collecting mortgage payments, allocating payments to ...
  
  
• MORTGAGE LOAN TERM - Length of time until mortgage loan is due and payable.
  
  
• MORTGAGE LOAN UNDERWRITING - The action of reviewing an application for a loan and then advising the le...