There are currently 7 names in this directory beginning with the letter M.
The contract between a borrower and a lender; the borrower pledges the property as security to guarantee repayment of the mortgage debt.
A mortgage banker is generally assumed to originate and fund their own loans, which are then sold on the secondary market, usually to Fannie Mae, Freddie Mac, or Ginnie Mae.
Government-backed or private-backed insurance protecting the lender against the borrower’s default on high-ratio (and other types of) mortgages.
A lien or charge on a mortgagor’s property that secures the underlying debt obligations.
MORTGAGE LIFE INSURANCE
Mortgage life insurance is a type of insurance product that pays off a mortgage if the borrower dies.
A first mortgage issued for up to 80% of the property’s appraised value or purchase price, whichever is lower.
MULTIPLE LISTING SERVICE (MLS)
A multiple listing service (MLS) is a database established by cooperating real estate brokers to provide data about properties for sale. A MLS allows brokers to see one another's listings of properties for sale with the goal of connecting homebuyers to sellers.