- mortgage point
- A percentage of the mortgage, generally 1%, charged by the mortgagee up front as a cost of financing
Black's law dictionary. HENRY CAMPBELL BLACK, M. A.. 1990.
mortgage point
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mortgage point — A percentage of the mortgage, generally 1%, charged by the mortgagee up front as a cost of financing … Black's law dictionary
mortgage — /morgaj/ A mortgage is an interest in land created by a written instrument providing security for the performance of a duty or the payment of a debt. At common law, an estate created by a conveyance absolute in its form, but intended to secure… … Black's law dictionary
mortgage — /morgaj/ A mortgage is an interest in land created by a written instrument providing security for the performance of a duty or the payment of a debt. At common law, an estate created by a conveyance absolute in its form, but intended to secure… … Black's law dictionary
Mortgage loan — Mortgage redirects here. For other uses, see Mortgage (disambiguation). Finance Financial markets … Wikipedia
Mortgage fraud — is crime in which the intent is to materially misrepresent or omit information on a mortgage loan application to obtain a loan or to obtain a larger loan than would have been obtained had the lender or borrower known the truth. In United States… … Wikipedia
Mortgage life insurance — is a form of insurance specifically designed to protect a repayment mortgage. If the policyholder were to die while the mortgage life insurance was in force, the policy would pay out a capital sum that will be just sufficient to repay the… … Wikipedia
Mortgage underwriting in the United States — is the process a lender uses to determine if the risk of offering a mortgage loan to a particular borrower under certain parameters is acceptable. Most of the risks and terms that underwriters consider fall under the three C’s of underwriting:… … Wikipedia
Mortgage underwriting — is the process a lender uses to determine if the risk (especially the risk that the borrower will default[1] ) of offering a mortgage loan to a particular borrower is acceptable. Most of the risks and terms that underwriters consider fall under… … Wikipedia
Point — may refer to the following: Contents 1 Business and finance 2 Engineering 3 Entertainment … Wikipedia
point — n 1: a particular detail, proposition, or issue of law; specif: point of error 2: any of various incremental units used in measuring, fixing, or calculating something: as a: a unit used in calculating a sentence by various factors (as aggravating … Law dictionary
