Pipeline Risk
Definition of "Pipeline Risk"
The lender's risk that, between the time a lock commitment is given to the borrower and the time the loan is closed, interest rates will rise and the lender will take a loss on selling the loan.
Popular Mortgage Terms
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The house in which the borrower will live most of the time, as distinct from a second home or an investor property that will be rented. ...
A mortgage that can be moved from one property to another. Ordinarily, you repay your mortgage when you sell your house and take out a new mortgage on the new home you purchase. With a ...
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