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consolidated mortgage

A mortgage that a borrower takes out to pay off two or more existing mortgages. Borrowers used consolidated mortgages to reduce monthly payments by taking advantage of lower interest rates, or by avoiding high minimum payments required by each of the existing mortgages.

Related information about consolidated mortgage:
  1. Consolidated Mortgage - Financial Dictionary - The Free Dictionary
    A mortgage that one takes out in order to pay off two or more mortgages. The mortgages may or may not be for the same piece of property. A mortgage holder ...
     
  2. Consolidated Mortgage Bond Definition | Investopedia
    If the properties covered by the consolidated mortgage bond are already mortgaged, the bond acts as a new mortgage. If the properties do not have outstanding ...
     
  3. Consolidated Mortgage Solutions, LLC - Better Business Bureau
    BBB's Business Review for Consolidated Mortgage Solutions, LLC, Business Reviews and Ratings for Consolidated Mortgage Solutions, LLC in Raleigh, NC.
     
  4. Consolidated Mortgage | LinkedIn
    Welcome to the company profile of Consolidated Mortgage on LinkedIn.
     
  5. New York Consolidation, Extension & Modification - Freddie Mac
    Dec 1, 2003 ... Exhibit “D” (copy of the Consolidated Mortgage). Which NY CEMA documents must be originals signed by the Borrowers and which can be ...
     
  6. What is consolidated mortgage? definition and meaning
    Definition of consolidated mortgage: A loan on real estate taken out to pay off and replace two or more loans on real estate, which might or might not be the ...
     
  7. Consolidated Mortgage Corporation
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  8. Settlement expected by Henderson-based lender - Business ...
    Jul 22, 2010... administrative action today against CM Capital Services, a $400 million hard- money lender formerly known as Consolidated Mortgage.