Acquisition Loan | Real Estate Glossary

Definition of "Acquisition loan"

Money borrowed for the express purpose of acquiring property through a purchase transaction.

A capitalized expenditure usually extending the useful life of a building or improving it in some ma ...

Amount that the owner of a life insurance policy can borrow at interest from the insurer, up to the ...

See assumption of mortgage; deed of trust. ...

The portion of the monthly payment that is used to reduce the loan balance. ...

Coverage that goes into effect when an individual's claim reaches a specific threshold selected by t ...

To sell property from one to the other and transfer all title and interest. Property is conveyed by ...

If you own a pet, i\'m sure you\'ve been in a situation where the vet bills have been much higher th ...

An opinion of a properties fair market value, based on an appraisers inspection and analysis of the ...

A gated community is a community of homes where you must pass through a security gate in order to en ...

Principal is the amount of money borrowed and still owed on a loan not including the interest. ...

To figure out where you stand on the debt-to-income ratio, you must first understand the meaning of ...

This calculator figures your principal balance after any number of payments. Input the beginning pri ...

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