real estate
  Home    |    Definitions    |    Loans





A B C D E F G H I J K L M N O P Q R S T U V W X Y Z



Real Estate Definition - purchase money mortgage

purchase money mortgage - (1) a mortgage entered into with a lender for the purpose of obtaining the cash used to purchase the property secured by the loan. See also hard money loan and soft money loan. (2) a mortgage loan given by a seller to a buyer to purchase the real property of the seller.



© 2004 Bella Vista Publishing Company, Inc. ISBN 0-9718225-0-6

.

Copyright Protection:  

This real estate web site is created in the United States of America and protected by copyright laws.  Permission should be obtained prior to any reproduction, storage in a retrieval system, or transmission in any form or by any means, electronic, mechanical, photocopying, recording or likewise.

.

      terms of use      privacy policy