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Legal Mortgage Vs. Equitable Mortgage | Finance – Zacks – A legal mortgage is the mortgage company’s lien on your property that they hold in exchange for your monthly payments. Legal mortgages have all of their blanks filled in with correct information.

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Do property managers have to comply with debt collection law? – Q: Over the years my mortgage was reassigned many. will need your partner to sign any legal documents if you want to get a HELOC. You may be able to get a personal loan, based on the equity in your.

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As Florida homeownership declines, ‘American dream’ starts to fade – My first home mortgage in 1984 was near 12 percent. Why stretch so far to buy a home – plus pay for property taxes and insurance – only to risk another housing bubble and crash in values? Some.

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Chattel mortgage – Wikipedia – Chattel mortgage, sometimes abbreviated CM, is the legal term for a type of loan contract used in some states with legal systems derived from English law.. Under a typical chattel mortgage, the purchaser borrows funds for the purchase of movable personal property (the chattel) from the lender.The lender then secures the loan with a mortgage over the chattel.