mortgage loan

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Definition of mortgage loan in English English dictionary

conventional mortgage loan
A fixed- or adjustable-rate, fully amortized loan secured by a mortgage or deed of trust that is not insured or guaranteed by an agency of the federal government (such as FHA or VA). (Source: Office of Thrift Supervision )
The mortgage loan
advance
federal home loan mortgage corporation
a corporation authorized by Congress to provide a secondary market for residential mortgages
mortgage loan

    Hyphenation

    mort·gage loan

    Turkish pronunciation

    môrgıc lōn

    Pronunciation

    /ˈmôrgəʤ ˈlōn/ /ˈmɔːrɡəʤ ˈloʊn/
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