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Same as term Coinsurance:
Paying off on old loan while simultaneously taking a new one. Borrowers may refinance to reduce In ...
The amount of inherent risk for a mortgage in granting a mortgage. An operating principle in mortgag ...
Fan with an opening to the outside air that lets stale or hot air exit the structure; usually used i ...
Coverage on an all risks basis, subject to listed exclusions, for personal property of the insured d ...
Standard unit of comparison. The comparison has to be of similar items. The item is expressed as bei ...
Housing where affirmative action is actively pursued encouraging people of all races, nationalities, ...
Zoning is the laws that establish how a property can be used and what codes must be followed when er ...
A loan-to-value ratio is used by lenders to state how much you have financed. If you put down 20 per ...
Comprehensive is the most expensive type of homeowners insurance; it covers the most potential damag ...
A morgagee is the lender. ...
A gift letter is when an individual gives you money for a down payment as a gift, that person must w ...
A title search is the process of reviewing court records and other records to ensure that there are ...
