Flexible Payment Mortgage | Real Estate Glossary

Definition of "Flexible payment mortgage"

Loan that allows the borrower to pay only the interest for the first few years of the loan.

Policy that remains in full force and effect for the life of the insured, with premium payments bein ...

Unfair trade practice, in insurance, whereby an agent or broker attempts to persuade a life insuranc ...

Coverage in event of damage or destruction of animals that are being shipped. ...

A building lot surrounding on both sides by other lots. ...

A major party to a transaction, such as a seller or purchaser of property, remains anonymous. An ...

Act of actual eviction or removal of a lessee from a property. The eviction may be either voluntaril ...

Homeowners association is a nonprofit association that manages the common areas of a condominium or ...

Paid advertorials are articles written by public relations professionals that have just one goal in ...

This calculator will amortize your mortgage over the loan period based on your input. To see a break ...

Discount points are a type of point paid by the borrower to reduce the interest rate. ...

Commercial insurance is designed to help protect many of the risks your business can face, includin ...

An APR stands for an ANNUAL PERCENTAGE RATE. This rate includes the costs of any points paid, mortga ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews