Program instituted by the Small Business Administration (SBA) that guarantees a construction contract bond in the event the issuing surety company suf ...
Group that, with the exception of the government, establishes the standards for all financial accounting and reporting for the various entities in the ...
A legal procedure to sell a mortgage property to the highest bidder in order to satisfy a mortgage claim from a mortgagee against the value o the prop ...
Same as term Actuary: mathematician in the insurance field. Actuaries conduct various statistical studies; construct morbidity and mortality tables; c ...
Mathematician in the insurance field. Actuaries conduct various statistical studies; construct morbidity and mortality tables; calculate premiums, res ...
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 ...
A home warranty is a guarantee for certain features of a new home-for instance, the materials and workmanship, the main components of the house, and s ...
An overall debt ratio is the percentage of your overall debt (housing payments plus any other long-term debt) to your monthly gross income. Lenders us ...
A rate lock is a commitment issued by a lender to a homebuyer or to the mortgage broker guaranteeing a specific interest rate for a specified amount o ...
Read why Real Estate Agent rates
5
Stars in 10 Agent Reviews
Have a question or comment? We're here to help.