mortgage bond

I11. Mortgage Bond

Because home loans and mortgage bonds play such an important part in your work as an estate agent, you need to understand what they are and how they work. A mortgage bond is a LEGAL DOCUMENT in which The LENDER e.g. the financial institution agrees to lend the BORROWER (your purchaser) money to buy the property, and The BORROWER pledges the property as security for the loan – should he...

M2. Bond Originators

It is no secret that a professional bond originator can get you a better deal, than dealing directly with lenders. Bond Originators or Mortgage Brokers act as an intermediary who sources mortgage bonds on behalf of individuals or businesses. These services are absolutely free to clients.  Traditionally, banks and other lending institutions have distributed their own products. However, as the...

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