Participation Mortgages | Real Estate Glossary

Definition of "Participation mortgages"

Ashley Mace

CENTURY 21 Towne & Country

Involves more than one borrower being responsible for a mortgage, such as with a cooperative apartment.
Involves more than one mortgagee lent on a real estate project, such as with a large commercial project.
Agreement between a mortgagee and a mortgagor that provides for the lender having a certain percentage ownership in the project once the lender makes the loan.

Insurance coverage sold by a broker as contrasted with insurance coverage sold by an agent. ...

How much the rental property is worth. The valuation considers the net income derived from the prop ...

Using a brokers time and expertise to become informed and creditworthy, then jumping to the Interne ...

Primary residence of an individual. The principal residence can be a single family home, condominium ...

Outside of a structure covering a lower quality or cheaper surface to make the structure look better ...

Organization following the format of Lloyd's of London. ...

A housing ratio is the percentage of your housing payment (principal, interest, taxes, and insurance ...

A title is the right of property ownership. ...

A life insurance policy can help enable your family to remain financially if you or your spouse shou ...

The fee an agent earns for the sale of a home-usually a percentage of the selling price. ...

A convertible ARM is an adjustable- rate mortgage (ARM) that can be converted into a fixed rate mort ...

A Ginnie Mae is a name for the Government National Mortgage Association (GNMA), which is a governmen ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews