Building And Loan Associations | Real Estate Glossary

Definition of "Building and loan associations"

See savings and loan association.

Coverage on more than one person that pays a benefit after all of the insureds die. This type of joi ...

Tool of risk management used for risk financing by local governments. The technique is for many loca ...

Prepaid group health insurance plan that entitles members to services of participating physicians, h ...

See full disclosure. ...

Insurance sold by privately formed insurance companies with the objective of making a profit. ...

Legal right of a passenger in an automobile involved in an accident to bring a liability suit agains ...

Paying points for a lower interest rate is a trade off between paying money now versus paying money ...

A Good Faith Estimate is when a lender must give a prospective homebuyer a written estimate of closi ...

An index is an economic indicator used to set the rate for adjustable-rate mortgages. ...

When you are preapproved, you have a definite commitment from a lender ...

A mortgagor is the borrower. ...

A deed is a legal document that conveys the title to a property. ...

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