Definition of "Easy credit"

Sonia Flores real estate agent

Written by

Sonia Floreselite badge icon

Kimberly Powell Properties

Situation in which very few prospective buyers of real estate are rejected by lenders. This may be due to ample money supply, lower interest rates, and/or relaxed credit standards. See also easy money; tight credit.

image of a real estate dictionary page

Have a question or comment?

We're here to help.

*** Your email address will remain confidential.
 

 

Popular Real Estate Terms

Ratification is typically required when an individual makes a decision. Still, they don’t have the legal authority to make it legally enforceable. In everyday discourse, ratification ...

The quality of life enjoyed by a person depending on factors such as spendable income, housing conditions, health and education. ...

Use of borrowed funds to enhance expected returns. It is anticipated that the investment will earn a return exceeding the after-tax cost of borrowing. ...

In regards to , in the matter of. Formal judicial method of entitling a matter before it. ...

Financial standing of a debtor as a basis to pay obligations. ...

Regular rental of property between the lessee and lessor for a fee. An operating lease does not satisfy the criteria for a capital lease. An example is renting an apartment. A lessee ...

Property held by an individual, such as furniture. ...

The term foraging comes from the old germanic language, which passed through Old French “fuerre” and “fourrage” and it means the search for wild food resources. ...

Self-employed contractor who may perform work on a structure such as residential or commercial property. ...

Popular Real Estate Questions