FT MarketWatch

Open-end mortgage

Mortgage in which the Mortgagor is allowed to re-borrow against Principal that has been Paid so far.

Related Terms: 7 Borrow, Inc., Low, Mortgagor, Owe, Paid, Principal
Other Related Pages: Category: Real_Estate Starting With: O
Additional Related Terms: 52-week low, At par, All or any part, At best, At call, All-risks coverage, At risk, Action to quiet title, As is, Assignment to creditors