Simple Interest Biweekly Mortgage | Mortgage Glossary

Definition of "Simple Interest Biweekly Mortgage"

Sharon Wright

Berkshire Hathaway HomeServices

A biweekly mortgage on which biweekly payments are applied to
the balance every two weeks, rather than monthly, as on a conventional biweekly.

Sum the insurance company is legally obligated to pay an insured for losses incurred. ...

Time interval during which policy is in force. ...

A mortgage that is payable in full after a period that is shorter than the term. In the 1920s most b ...

Portable electronic calculator having numerous built-in financial analysis and margin calculators, m ...

Individual appointed by the insurance company as an independent contractor. The agent receives vario ...

Government-supervised health care system with economic incentives for providers and consumers. ...

The textbook definition of a spec house is \"one built on a speculative basis, without an order on t ...

A mortgage banker is a company that originates mortgages and sells them to a secondary market. ...

Generally, real property never depreciates in value, or more so, it is not very common for property ...

A gift letter is when an individual gives you money for a down payment as a gift, that person must w ...

An overall debt ratio is the percentage of your overall debt (housing payments plus any other long-t ...

An interest rate is the percentage the lender charges you for borrowing money. ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews