| Maturity |
The date on which a debt or borrowing is due to be repaid. |
| Mitigant |
A positive factor in a loan proposal considered as an offsetting factor against a possible risk. |
| Mortgage |
A contract in which a borrower's property is pledged as security for a loan which is to be repaid on an instalment basis. |
| Mortgagee |
Those that lend money. |
| Mortgage Note |
A written promise to pay a debt at a stated interest rate during a specified term. The agreement is secured by a mortgage. |
| Mortgagee's Sale |
The forced sale of a property by the mortgagee to recoup outstanding debts. |
| Mortgagor |
Those borrowing the money |
| Multiple Listing |
When a property is listed for any agent to sell. |
