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Mortgage

Chattel Mortgage

Chattel Mortgage – Meaning, Features, Benefits, and More

The dictionary meaning of Chattel is a piece of personal property that is moveable and generally does not includes land and buildings. Therefore, Chattel… Read Article
Last Updated on: February 26, 2023
Mortgage Underwriters

Mortgage Underwriters: Meaning, Useful Factors, Outcomes and More

Mortgage Underwriters: MeaningEach mortgage application, whether for an individual or business, goes through a rigorous process of analysis to see and estimate the extent… Read Article
Last Updated on: June 11, 2022
Types of Underwriters

Types of Underwriters – All You Need To Know

Underwriters are important in the financial world. They basically help in lowering the risk of the other party, but for a fee, commission, or… Read Article
Last Updated on: June 11, 2022
Mortgagee vs Mortgagor

Mortgagee vs Mortgagor – All You Need To Know

Mortgagee and Mortgagor are the terms that come into use, usually in the context of home financing. Both the terms relate to the parent… Read Article
Last Updated on: February 26, 2023
Pledge Hypothecation Lien Mortgage Assignment

Pledge vs Hypothecation vs Lien vs Mortgage vs Assignment

The difference between pledge, hypothecation, lien, mortgage, and assignment lies in the security charge that can be created on any asset held by a… Read Article
Last Updated on: February 26, 2023
First Mortgage

Difference between First Mortgage & Second Mortgage

What is First Mortgage?A first mortgage also referred to as a primary mortgage or a senior lien, is a loan taken out by a… Read Article
Last Updated on: May 25, 2023
hypothcation and mortgage

Mortgage Vs. Hypothecation – Similarities and Differences

Mortgage and hypothecation are generally used to explain charges on assets secured for any loan. In both cases, the ownership lies with the borrower,… Read Article
Last Updated on: February 26, 2023
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