When you take out a mortgage, you plan on paying it back over 15 or 30 years. But in some cases, the lender can demand full repayment sooner. Mortgages allow for this possibility with acceleration ...

Advice offered by Marc Hebert, president of The Harbor Group Inc., a certified financial planner. If you have any questions about finance or if you'd like to suggest a future topic, email ...

Discover how subordination clauses protect lenders in loans and mortgages, ensuring debt priority and secure repayments in refinancing, foreclosures, or bankruptcy.

The mortgagee clause is a provision in a homeowners insurance policy that protects the lender from financial loss if the mortgaged property is substantially damaged or destroyed. Many mortgage lenders ...

To take a straightforward example, a R1 million loan will be registered with a R1,2 million bond. This R200,000 'cover' amount, says Mike van Alphen, national manager of the Rawson Property Group's ...

An acceleration clause allows a mortgage lender to demand full repayment of the loan if certain conditions are not met. This clause protects against missed payments, violations of loan terms, or ...

Hello everyone. I hope you're doing well. This week's subject is mortgage clauses. So a lot of you out there probably purchased a home and got a mortgage. Well, did you actually read the mortgage ...