A mortgage for which repayment may not be made prior to maturity, and for which repledging of the same collateral requires the bondholder's permission. also called closed mortgage.
Related information about closed-end mortgage:
- Closed-End Mortgage Definition | Investopedia
A restrictive type of mortgage that cannot be prepaid, renegotiated or refinanced without paying breakage costs to the lender. This type of mortgage makes ...
- What Is a Closed-End Mortgage? | Home Guides | SF Gate
A closed-end mortgage, also known simply as a "closed" mortgage, is one of the more restrictive home loans you can get. With this type of loan, you can't ...
- What is a Closed-End Mortgage?
Closed-end mortgages are mortgage agreements in which the full repayment of the loan cannot be made prior to the maturity date of the mortgages.
- closed-end mortgage - Financial Dictionary - The Free Dictionary
Definition of closed-end mortgage in the Financial Dictionary - by Free online English dictionary and encyclopedia. What is closed-end mortgage? Meaning of ...
- What is closed-end mortgage? - InvestorWords.com
Definition of closed-end mortgage: A mortgage for which repayment may not be made prior to maturity, and for which repledging of the same collateral requires ...
- Closed-End Mortgage
A closed-end mortgage is a mortgage agreement between a borrower and lender that stipulates that the full balance of the loan cannot be paid off before the ...
- What is closed-end mortgage? - BusinessDictionary.com
Definition of closed-end mortgage: Loan agreement that does not allow a mortgagor (borrower) to borrow additional sums against the mortgaged asset or ...
- Closed-End Mortgage: Definition from Answers.com
mortgage-bond issue with an indenture that prohibits repayment before maturity and the repledging of the same collateral without the permission of the.