Mortgage Information | Student Loans | Auto Loans
Mortgage and Loan Terms Glossary | Doc Loan Home
 
Free Loan Advice and Financial Information  
 
Browse by Letter
   
   
   
   
   
   
   
   
   
   
 

Loan and Mortgage Terms Glossary

Right Of Redemption:

A right provided by law in some states permitting a mortgagor to reclaim foreclosed property by making full payment of the mortgage debt, including interest and fees, or the foreclosure sales price. The redemption period is for a specified period of time.


 
     
 
Contact | Advertising Information | Other Resources

Copyright 2002-2006 DocLoan.com