Glossary entry (derived from question below)
Spanish term or phrase:
hipoteca de máximo
English translation:
limited mortgage
Added to glossary by
Francisco Adell
May 8, 2002 16:41
22 yrs ago
5 viewers *
Spanish term
hipoteca de máximo
Spanish to English
Bus/Financial
mortgage
It is encumbered by a "hipoteca de máximo" in favour of XXX in an amount of YYY Euros, to secure bond no. ZZZ dated 26 July 2001, granted by AAA to BBB
Proposed translations
(English)
| 4 +1 | limited mortgage |
Francisco Adell
|
| 4 +3 | jumbo mortgage |
Marian Greenfield
|
| 4 -1 | first mortgage |
Robert INGLEDEW
|
Proposed translations
+1
33 mins
Francisco Adell
Mexico
Mexico
Native in Spanish
&
English
Mexico
Dynamic Translation & Localization
Native in: Spanish 
, English
Works in: English to Spanish, Spanish to English
Related KudoZ points
:
22
Selected
limited mortgage
Establishing a economic limit to the mortgage in a property in favor of somebody, in order not to lose the opportunity of a second or third mortgage.
I hope it helps. Good Luck.
I hope it helps. Good Luck.
2 KudoZ points awarded for this answer.
Comment: "Thanks to everyone. As the context was too vague and gave no description of the mortgage,I've chosen this reply as the most vague. All mortgages have some limit, either maximum or minimum. Thanks again - Sheila"
-1
9 mins
Robert INGLEDEW
Argentina
Argentina
Native in Spanish
&
English
Argentina
OIL, GAS, ENERGY, SAFETY, ENVIRONMENT...
Native in: English , Spanish
Works in: English to Spanish, Spanish to English
Related KudoZ points
:
1940
first mortgage
(primera hipoteca in Spanish), it has preference over any other mortgage, and I believe that this is the sense of hipoteca de máximo.
Your search: "hipoteca de máximo"+"primera hipoteca" Categories | Web Sites | Web Pages | News | Research Documents
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Web Page Matches 1-1 of 1
v | lex - Todo el Derecho en Internet
... GP y doña Mercedes TV constituyen primera hipoteca a favor de la «Banca Catalana ... la
hipoteca en garantía de intereses una hipoteca de máximo es correcto, en ...
http://es.derecho.org/boe3/Noviembre_de_2000/25_de_noviembre...
More Results From: es.derecho.org
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Note added at 2002-05-08 16:56:27 (GMT)
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OR VARIABLE INTEREST MORTGAGE.
Reference from Spain (in Spanish)
LA NOTARÍA
Boletín del Colegio Notarial de Cataluña
(Setiembre)
V. RESOLUCIONES D.G.R.N
1 . Registro de la propiedad:
Resolución de 24 de agosto de 1998
(B.O.E. 24 de agosto de 1998)
Reitera la doctrina de Resoluciones anteriores (señaladas en los vistos), la cual se concreta en las siguientes premisas:
1. La hipoteca en garantía de un prestamo con interés variable configura una hipoteca de máximo.
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Note added at 2002-05-08 16:59:32 (GMT)
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I found a reference for Marian´s answer, which seems to be correct.
What is a Jumbo Loan?
A loan that does not conform to the guidelines established by Fannie Mae or Freddie Mac or exceeds the conventional loan limit is called a Jumbo mortgage loan. These loan amounts can go up to ten million dollars. Loan to value limits for Jumbo loans range from 50% to 95% depending on the loan amount.
Your search: "hipoteca de máximo"+"primera hipoteca" Categories | Web Sites | Web Pages | News | Research Documents
--------------------------------------------------------------------------------
Web Page Matches 1-1 of 1
v | lex - Todo el Derecho en Internet
... GP y doña Mercedes TV constituyen primera hipoteca a favor de la «Banca Catalana ... la
hipoteca en garantía de intereses una hipoteca de máximo es correcto, en ...
http://es.derecho.org/boe3/Noviembre_de_2000/25_de_noviembre...
More Results From: es.derecho.org
--------------------------------------------------
Note added at 2002-05-08 16:56:27 (GMT)
--------------------------------------------------
OR VARIABLE INTEREST MORTGAGE.
Reference from Spain (in Spanish)
LA NOTARÍA
Boletín del Colegio Notarial de Cataluña
(Setiembre)
V. RESOLUCIONES D.G.R.N
1 . Registro de la propiedad:
Resolución de 24 de agosto de 1998
(B.O.E. 24 de agosto de 1998)
Reitera la doctrina de Resoluciones anteriores (señaladas en los vistos), la cual se concreta en las siguientes premisas:
1. La hipoteca en garantía de un prestamo con interés variable configura una hipoteca de máximo.
--------------------------------------------------
Note added at 2002-05-08 16:59:32 (GMT)
--------------------------------------------------
I found a reference for Marian´s answer, which seems to be correct.
What is a Jumbo Loan?
A loan that does not conform to the guidelines established by Fannie Mae or Freddie Mac or exceeds the conventional loan limit is called a Jumbo mortgage loan. These loan amounts can go up to ten million dollars. Loan to value limits for Jumbo loans range from 50% to 95% depending on the loan amount.
Peer comment(s):
| disagree |
Marian Greenfield
: first mortgage or senior mortgage isn't logical in this context
2 mins
|
|
Ok. Thank you.
|
+3
10 mins
Marian Greenfield
Native in English
Over 30 years in financial translation
Native in: English 
Works in: Spanish to English, Portuguese to English, English
Related KudoZ points
:
14621
jumbo mortgage
not sure on this without more context. Jumbo mortgages are very large mortgages with higher rates because of the amount of money involved.
This might also be maximum loan to value mortgage. In other words, the most a bank will lend based on the percentage of equity the mortgage represents.
This might also be maximum loan to value mortgage. In other words, the most a bank will lend based on the percentage of equity the mortgage represents.
Discussion