Mortgage boot, which can also be referred to as debt relief, is a term describing a taxpayer's reduction in mortgage liabilities on the purchase of a replacement property or properties. (apiexchange.com)
Our experienced staff guides our clients through the analytical decisions that must be made when securing a new mortgage liability and locking an interest rate and term. (vantagemortgagegroup.com)
If the buyer was to rent out half of this house, it would reduce their monthly mortgage liability to around $ 900. (remonline.com)