Mortgage protection - How To Discuss

Mortgage protection,

Definition of Mortgage protection:

1. An optional insurance coverage a home buyer may purchase to cover mortgage payments in the event the buyer loses their job or becomes financially unable to continue making mortgage payments.

MORTGAGE PROTECTION,

What Does MORTGAGE PROTECTION Mean?

MORTGAGE PROTECTION means: It is used to guarantee the payment of outstanding mortgage or other installments in case of death or disability of the mortgage.

Literal Meanings of MORTGAGE PROTECTION

MORTGAGE:

Meanings of MORTGAGE:

1. Transfer (assets) to lenders as collateral.

2. A legal arrangement in which a bank or other lender lends money at interest to the lender in return for interest, provided the transfer of ownership is not effective at the time of repayment of the loan.

Sentences of MORTGAGE

1. The farm is in mortgage

2. I deposited one lakh in cash and mortgaged the rest

Synonyms of MORTGAGE

■■■■, advance, credit, mortgage, guarantee, put up as collateral

PROTECTION:

Meanings of PROTECTION:

1. Safety measure or safety condition.

Synonyms of PROTECTION

conservation, security, preservation, shelter, sanctuary, lee, indemnity, safe keeping, safety, shielding, insurance, immunity, defence, refuge, safeguarding