karz ipoteği

English translation: principal-only mortgage

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Turkish term or phrase:karz ipoteği
English translation:principal-only mortgage
Entered by: Sonia Erem

11:28 Aug 1, 2007
Turkish to English translations [PRO]
Law/Patents - Real Estate / Notary public
Turkish term or phrase: karz ipoteği
Is there an equivalent in English?
Sonia Erem
Türkiye
Local time: 18:08
principal-only mortgage
Explanation:
I have found it in my glossary notes.
Selected response from:

Selcuk Akyuz
Türkiye
Local time: 18:08
Grading comment
Thank you!
4 KudoZ points were awarded for this answer



Summary of answers provided
5collateral mortgage
abdullah erol (X)
3A mortgage granted as a security for the repayment of existing loans
Mehmet Hascan
1principal-only mortgage
Selcuk Akyuz


  

Answers


1 hr   confidence: Answerer confidence 1/5Answerer confidence 1/5
principal-only mortgage


Explanation:
I have found it in my glossary notes.

Selcuk Akyuz
Türkiye
Local time: 18:08
Native speaker of: Turkish
PRO pts in category: 12
Grading comment
Thank you!
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3 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
A mortgage granted as a security for the repayment of existing loans


Explanation:
SECURITY USED IN REAL PROPERTY FINANCINGSIn Turkey mortgages are the most commonly used security in real property financings. A mortgagemay be granted as security for the repayment of existing (in Turkish, "karz ipoteği"), or future loans (in Turkish "teminat ipoteği").
http://64.233.183.104/search?q=cache:c9YsvKW0JWQJ:www.europe...

Mehmet Hascan
Ireland
Local time: 15:08
Native speaker of: Turkish
PRO pts in category: 4
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22 hrs   confidence: Answerer confidence 5/5
collateral mortgage


Explanation:
<collateral mortgage> da diyebilir miyiz?

Collateral Mortgage - Provides security over real estate when loans are provided for purposes other than, or in addition to, the purchase of the land. This type of mortgage often secures a revolving loan. Also sometimes referred to as a “Home Equity Loan” or an “Equity Take Out Mortgage”.

http://www.scotiabank.com/cda/content/0,1608,CID10999_LIDen,...

++
Amerika’da bankalarin en agresif sekilde reklamini yaptigi kredi turu “Home Equity Loan” denilen ev sahibinin icinde oturdugu evi ipotek ederek aldigi kredilerdir.
http://ekonomiturk.blogspot.com/2006/01/kredi-riski.html

equity kelimesinin özvarlık olduğunu hatırlamak gerek. böyle olunca; karz ipoteği bir kişinin kredi almak için bir gayrimenkulde bulunan hissesini (özvarlığını/equity) ipotek ettirmesi (maddi teminat göstermesi) durumu oluyor..

abdullah erol (X)
Local time: 18:08
Native speaker of: Native in TurkishTurkish
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