Package Mortgage Financial Definition Of Package Mortgage

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Posted on October 21, 2018 at 18:58 PM

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Recent Posts For Package Mortgage Financial Definition Of Package Mortgage

Package Mortgage Law and Legal Definition | USLegal, Inc.
A package mortgage is a loan secured by real estate and in which the personal property and furniture is included in the purchase price of the house. The personal property included in the loan, such as refrigerator, washer and dryer, etc., make the value of the house go up, and therefore increases the amount of the loan.
Package Mortgage | Definition of Package Mortgage by ...
Package mortgage definition is - a mortgage covering major items of equipment (as kitchen appliances) in addition to the house and lot. a mortgage covering major items of equipment (as kitchen appliances) in addition to the house and lot…
What is package mortgage? definition and meaning ...
Definition of package mortgage: Includes real estate and personal property as collateral for securing a note. Often used for collateral in creative financing for individuals. Dictionary Term of the Day Articles Subjects

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