The standards imposed by lenders in determining whether a borrower can
be approved for a loan. These standards are more comprehensive than qualificat ...
Fixed or stated amount of interest paid by a security expressed as a percent of the par value of the security. The longer the length of time until mat ...
Contract to act on the behalf of a principal in selling real estate. The principal agrees to pay a commission to the broker when a buyer is produced w ...
An agreement in which one individual or business agrees to do or not do something in return for the actual performance of another person or business. ...
An agreement restricting specified financial transactions. For example, a covenant may be agreed to in a loan agreement that a person may not borro ...
Institutions acting as intermediaries between suppliers and users of money. The financial markets are where those wanting funds are matched with those ...
A gift letter is when an individual gives you money for a down payment as a gift, that person must write you a gift letter so that it can be included ...
A credit report is a report of all your debt information compiled by an independent agency. The credit report shows all outstanding debt as well as a ...
If you truly want to purchase that property, the only ethical thing to do is to purchase it through that REALTOR. Otherwise, you could set up potenti ...
Comprehensive is the most expensive type of homeowners insurance; it covers the most potential damages such as fire damage, water damage not caused by ...
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