Sentence examples for mortgage line from inspiring English sources

The option is for John to take a reverse mortgage line of credit and let it sit unused until it is needed.

For helping me understand mortgages, lines of credits and RRS Ps.

But in nonrecourse states like Arizona and California, the lender can still sue for repayment of a second mortgage or line of credit.

The Mortgage Production Line The mortgage industry has three primary parts or businesses: the mortgage originator, the aggregator and the investor.

As explained above, the mortgage production line ends in the form of a mortgage-backed security purchased by an investor.

If John dies before his wealth is fully depleted, the reverse mortgage credit line may never be used.

Writing down the total debt burden these "underwater" borrowers owe would bring their mortgages in line with current home values, and reduce their monthly mortgage payments, giving them more money to spend on other economic activities.

Their effort centers on the back end of the mortgage assembly lines — where big banks serve as trustees overseeing the securities for investors — according to two people briefed on the inquiry but who were not authorized to speak publicly about it.

The Commercial and Private Banking segment provides banking products and services, including commercial and mortgage loans, lines of credit, deposits, cash management services, international trade finance and letters of credit.

One main difference: If you apply for your first mortgage and equity line separately, your credit line doesn't adjust automatically, as is the case with the home asset management account.

But recently his company's success has been propelled by a sales force that lures customers with free checking and then cross-sells them debit cards, mortgages and lines of credit.