residential mortgage

Definition

Mortgage of a residential property; up to $1 million is federal and state tax deductible (or up to $100,000 for a home-equity loan).

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Federal Savings and Loan Association -

mortgage pass-through security - More

FHA

commercial mortgage-backed security

Residential Mortgage-Backed Security

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Certified Residential Mortgage Specialist

Related Terms on BusinessDictionary

Federal Home Loan Mortgage Corporation (Freddie Mac)

Government National Mortgage Association (GNMA)

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