mortgage deed

Home loan paperwork

A mortgage deed is the legal document that secures a loan against real property.

It transfers conditional title to the lender until the borrower repays the debt in full.

Upon full payment, the lender releases the mortgage deed and the borrower holds clear title.

The bank recorded the mortgage deed at the county clerk's office.

transaction

lender

One who loans money

borrowerOne who takes temporarily
closingFinal stage of something
settlementResolved dispute or colony

origination · refinancing · assumption · subordination · principal · interest rate · amortization · term · maturity · default

property

collateral

Security for debt

real estateLand and its structures
homesteadFamily farm and dwelling
parcelWrapped item for shipping

boundary · survey · easement · title insurance · foreclosure · equity · appraisal · assessed value · land · premises

document

title

Formal honorific or name

conveyanceTransfer of property rights
indentureFormal binding contract
lienClaim securing debt

encumbrance · covenant · grantor · grantee · recording · notarization · affidavit · seal · escrow · registry

Categories

mortgageshome loan, home loans, down payment, refinancing, refinance
legal documentscontract, affidavit, will, subpoena, injunction
Closingsclosing, closing costs, closing statement, escrow, title insurance
deeds
land deedsquitclaim, land grant, patent, conveyance, indenture
notarized documentspower of attorney, notarized copy, affidavit, certified copy, apostille

Opposites

document function in secured lending

mortgage deedpromissory note

Written debt obligation

personal guarantee · credit agreement

property encumbrance status

mortgage deedclear title

Uncontested ownership proof

ownership transfer direction

mortgage deedwarranty deed

Deed promising clear title

Family

mortgage, deed, mortgages, mortgaged, mortgaging, mortgagee, mortgagor, deeds, deeded

Familiarity: Top 200,000
Profile: Used worldwide · Timeless · Concrete · Rated G