take out a mortgage
11mortgage — 1 noun (C) 1 a legal arrangement by which you borrow money from a bank or similar organization in order to buy a house, and pay back the money over a period of years: Your building society or bank will help arrange a mortgage. | take out a… …
12Mortgage loan — Mortgage redirects here. For other uses, see Mortgage (disambiguation). Finance Financial markets …
13take — [tāk] vt. took, taken, taking [ME taken < OE tacan < ON taka < ? IE base * dēg , to lay hold of] I to get possession of by force or skill; seize, grasp, catch, capture, win, etc. 1. to get by conquering; capture; seize 2. to trap, snare …
14Mortgage — A mortgage is the pledging of a property to a lender as a security for a mortgage loan. While a mortgage in itself is not a debt, it is evidence of a debt. It is a transfer of an interest in land, from the owner to the mortgage lender, on the… …
15Mortgage law — This article is about the legal mechanisms used to secure the performance of obligations, including the payment of debts, with property. For loans secured by mortgages, such as residential housing loans, and lending practices or requirements, see …
16mortgage — noun ADJECTIVE ▪ big, huge ▪ small ▪ cheap ▪ Banks often offer their employees cheap mortgages. ▪ endowment (BrE) …
17take sth out — UK US take sth out Phrasal Verb with take({{}}/teɪk/ verb [T] (took, taken) ► FINANCE, BANKING, MARKETING to arrange and pay for insurance, a loan, an advertisement, etc.: take out a loan/mortgage »He took out a $44,000 startup loan. »They… …
18mortgage — I UK [ˈmɔː(r)ɡɪdʒ] / US [ˈmɔrɡɪdʒ] noun [countable] Word forms mortgage : singular mortgage plural mortgages ** a) a legal agreement in which you borrow money from a bank in order to buy a house. You pay back your mortgage by making monthly… …
19mortgage — mort|gage1 [ mɔrgıdʒ ] noun count ** a legal agreement in which you borrow money from a bank in order to buy a house. You pay back your mortgage by making monthly payments: The mortgage has to be paid off in 15 years. get/obtain/take out/arrange… …
20Mortgage Indemnity Guarantee — A Mortgage Indemnity Guarantee (MIG) is an insurance policy designed to protect the lender (mortgagee) against loss in the event of defaulting and ceasing to repay the mortgage. The policy may be insisted on by the lender at the start of the loan …
