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A long-term lease of only land.
Coverage for works of art, antiques, and similar articles of value on all risks basis, subject to ex ...
Buyer who is acting in good faith, is not aware of any outstanding claims or rights of others to the ...
Termination of a plan. Under federal tax law, a plan can only be terminated for reasons of business ...
Combination of several coverages to protect the insured. For example, the comprehensive health insur ...
Insurance programs that combine finite risk insurance, reinsurance, and traditional insurance as an ...
The lowest interest rate possible under an ARM contract. Floors are less common than ceilings. ...
A penalty fee charged for paying off a mortgage early, thus allowing banks to still make money off o ...
Underwriting is the process of evaluating a loan to determine whether the loan is a good risk. ...
When you are prequalified, the lender gives you an estimate but does not formally commit to giving y ...
A mortgage insurance premium is a policy that insures the lender against loss if the homeowner defau ...
A qualifying ratio is the percentages a lender compares to see whether you qualify for a loan. ...
The process of paying off a loan balance. As you make payments, a certain amount is applied to the p ...
