Joint Application - Judgement Lien

Joint Application

A mortgage application that involves more than one person as the borrower.

Joint Income

The total gross income of the mortgage applicants.

Joint Liability

The responsibility of two or more people to fulfill the terms of a home loan or debt.

Joint Mortgage

A mortgage shared jointly between two people with the agreement that if one dies, the other automatically inherits their share.

Judgement Lien

An court-ordered monetary judgment against a current or previous property owner which has not been paid.

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Latest News

  • The FSA recently announced that should the economy see further drops in unemployment and rises in interest rates the Middle Class familis of the UK will be hit the hardest. Such vulnerability is shown due to the increased amount of borrowing over the years and can only be seen as more bad news should these two [...]
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  • The Council of Mortgage Lenders (CML) said UK mortgage lending increased by 14% in December compared with November, to £13.7bn and the market was entitled as being ’surprisingly strong’. The latest figures from the CML show that UK mortgage lending was up 3% in December compared with the same month a year earlier. A CML economist said [...]
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