residential mortgage

Residential mortgage

Mortgage on a residential property, tax-deductible for individuals up to $1 million.

Residential Mortgage

A loan that one or more persons receive in order to buy a house or other residential property in which they will live. The loan is secured by a lien on the property; the borrowers repay it over a specified period of time. The interest on a residential mortgage is tax deductible under most circumstances.

residential mortgage

A loan secured by real property used for a personal residence or dwelling.

References in periodicals archive ?
NV Mortgage has 130 users on its private OpenClose Retail MTG system, and Primary Residential Mortgage has centralized more than 300 of its loan officers throughout the country on the system.
The transaction adds more than 50 residential mortgage professionals to its platform, further enhancing the firm's client service capabilities.
Global Banking News-June 14, 2018-Ellington Residential Mortgage REIT declares dividend of USD0.37 per share for Q2 2018
Ellington Financial LLC is a specialty finance company that primarily acquires and manages mortgage-related assets, including residential mortgage-backed securities, residential mortgage loans, commercial mortgage-backed securities and commercial mortgage loans.
Frankfurt/London: Fitch Ratings has updated its criteria for analysing securities backed by German residential mortgage loans.
MortgageIT Holdings, Inc., a residential mortgage real estate investment trust (REIT), announced the completion of its second loan securitization of 2005 and fourth overall, a public offering of approximately $665.4 million in aggregate principal amount of notes backed by residential, first-lien adjustable rate mortgage (ARM) and hybrid ARM loans, through MortgageIT Trust 2005-2.
has signed a definitive agreement to acquire the retail mortgage lending branches of Des Moines, Iowa-based Principal Residential Mortgage Inc., a company of the Principal Financial Group.
M2 EQUITYBITES-June 14, 2018-Ellington Residential Mortgage REIT declares dividend of USD0.37 per share for Q2 2018
Global Banking News-June 28, 2017--Freedom Mortgage to acquire residential mortgage assets from New York Community Bank
residential mortgages subject to the Rule, which was instituted for all residential mortgage loans with application dates of Jan.
BANKING AND CREDIT NEWS-September 30, 2015-Buy to let and residential mortgage rates lowered by Aldermore
While residential mortgage lenders are the most directly affected by predatory lending laws, other lenders who are engaged primarily in commercial lending, but from time to time take a home as additional collateral, may be vulnerable to being attacked as a predatory lender.

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