It is a help when tracing your family history to know something about the origin of and evolution of Irish names and particularly how names have changed over the centuries.
Repayment mortgage. With repayment mortgages you pay the interest and part of the capital off every month. At the end of the term, typically 25 years, you should manage to have paid it all off and own your home.
Liens are mortgages are quite similar in that they are both security interest options that are used for the same purpose; that is to ensure that loans are repaid and obligations are met. A mortgage is a type of lien, but a lien is not a mortgage. Mortgages are a type of lien as the mortgage document will provide the lender a claim over the borrowerâs assets, which allows the lender to detain the property till payments are made.