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  2. Good faith estimate - Wikipedia

    en.wikipedia.org/wiki/Good_faith_estimate

    The CFPB requires that lenders provide customers with a Loan Estimate to help them understand the full cost of buying a home with a mortgage. [1] The Loan Estimate replaces the Good Faith Estimate, or GFE, that was used prior to 2015. Lenders are required to issue Loan Estimates within three days of receiving a complete loan application, per ...

  3. UCC-1 financing statement - Wikipedia

    en.wikipedia.org/wiki/UCC-1_financing_statement

    UCC-1 financing statement. A UCC-1 financing statement (an abbreviation for Uniform Commercial Code -1) is a United States legal form that a creditor files to give notice that it has or may have an interest in the personal property of a debtor (a person who owes a debt to the creditor as typically specified in the agreement creating the debt).

  4. Ship mortgage - Wikipedia

    en.wikipedia.org/wiki/Ship_mortgage

    In a ship mortgage ( common law) or ship hypothec ( civil law term, covering also a maritime lien ), a shipowner gives a lender (or mortgagee) a security interest in a ship as collateral for a mortgage loan. Similar to other types of mortgages, a ship mortgage legally consists of three parts: the mortgage loan, the mortgage document (deed) and ...

  5. What happens when you pay off your mortgage? - AOL

    www.aol.com/finance/happens-pay-off-mortgage...

    When you pay off your mortgage, your lender will provide you with paperwork to show you have paid off your home loan in full. You must collect all the necessary paperwork, and in some cases ...

  6. Owner financing: What it is and how it works - AOL

    www.aol.com/finance/owner-financing-works...

    Key takeaways. Owner financing is an arrangement in which an owner or seller, rather than a bank or mortgage lender, extends financing to a buyer. This can be a viable option for buyers who don ...

  7. Should you use a HELOC to pay off your mortgage? - AOL

    www.aol.com/finance/heloc-pay-off-mortgage...

    Or, if you need to borrow the funds, consider taking out a home equity loan to pay off your mortgage. With a home equity loan, you’ll get a fixed rate (versus a variable rate with a HELOC ...

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