"Same as term bridge loan: Short-term loan that is made in anticipation of permanent longer term loans. The interest rate on such a loan is usually hi ...
Individual who attempts to maximize his or her profitability by investing which the anticipation that a particular investment will go up in value. A s ...
(1) Short-term loan that is made in anticipation of permanent longer term loans. The interest rate on such a loan is usually higher than on longer ter ...
Legal obligation stemming from a civil wrong or injury for which a court remedy is justified. A tort liability arises because of a combination of a di ...
Any financing agreement excluding a conventional mortgage from a third-person or entity lending institution. This type of financing is more prevalent ...
Person or business that originates mortgages and receives payments. The mortgage banker typically sells these mortgages to investors and obtains servi ...
A treasury index is an index used to determine interest-rate changes for certain adjustable-rate mortgages (ARMs). This index is based on the results ...
An escrow officer - also known as a loan officer - is the person that walks you through the closing process. They are usually employed by the title c ...
A lifetime rate cap is an adjustable-rate mortgage (ARM), this cap limits the amount the interest rate can increase or decrease over the life of a loa ...
Read why Real Estate Agent rates
5
Stars in 10 Agent Reviews
Have a question or comment? We're here to help.