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Real Estate Terms

Adjustable Rate Mortgage ARM. A mortgage loan that allows the interest to be changed at specific intervals over the maturity of the loan. A fixed rate, fixed term mortgage loan. Ownership of realty by 2 or more persons, each of whom has an undivided interest with the right of survivorship. Typically used by relatives. One who holds a lien on property or title to property, as security for a debt. The owner of real estate financed with a mortgage; one who pledges property as security for a loan. An owner.
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Real Estate Terms

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Adjustable Rate Mortgage ARM. A mortgage loan that allows the interest to be changed at specific intervals over the maturity of the loan. A fixed rate, fixed term mortgage loan. Ownership of realty by 2 or more persons, each of whom has an undivided interest with the right of survivorship. Typically used by relatives. One who holds a lien on property or title to property, as security for a debt. The owner of real estate financed with a mortgage; one who pledges property as security for a loan. An owner.

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This web page bernhardtrealtyrealestateterms.blogspot.com states the following, "A mortgage loan that allows the interest to be changed at specific intervals over the maturity of the loan." We saw that the webpage said " A fixed rate, fixed term mortgage loan." It also said " Ownership of realty by 2 or more persons, each of whom has an undivided interest with the right of survivorship. One who holds a lien on property or title to property, as security for a debt. The owner of real estate financed with a mortgage; one who pledges property as security for a loan."

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