open-end mortgage
Definition
Mortgage in which the mortgagor is allowed to re-borrow against principal that has been paid so far.
Cite this definition
Related Research Articles from the InvestorGuide.com University
Mortgages Learn how to find a mortgage. Learn how to choose between fixed-rate and variable rate mortgages. Understand what points are, and what term or duration is best for you. Learn about pre-qualification, credit history, down payments, refinancing, reverse mortgages, and related topics.

Selling a Home Looking to sell your home or just to find out the best practice for the process? Learn the steps you need to take to sell your home, and how to get the best price.

Home Equity Looking for a second mortgage or to borrow against the money you have down on your house? Find out all you need to know in this comprehensive article about home equity.

Featured Sponsor
|
|