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Bond that provides additional security for a loan.
Retirement program to provide employees (and often, spouses) with a monthly income payment for the r ...
Same as term Underwriting Gain Loss): profit ( deficit) that remains after paying claims and expens ...
Privileges, rights, obligations, or restrictions associated with owning land. They are directly ass ...
Coverage in the event a school, summer camp, or similar operation suffers loss of tuition because a ...
Transaction of reinsurance under which there is a limit on the total liability of the re-insurer and ...
Structure not directly belonging to a property but considered a part of it through the use of an eas ...
The public tax assessor value of a property as determined for the purpose of taxation. ...
A term is the length of a loan. ...
Underwriting is the process of evaluating a loan to determine whether the loan is a good risk. ...
A down payment is the money you pay up front for the purchase of a home. ...
A rate lock is a commitment issued by a lender to a homebuyer or to the mortgage broker guaranteeing ...
A treasury index is an index used to determine interest-rate changes for certain adjustable-rate mor ...
