Rafter | Real Estate Glossary | Realestateagent.com

Definition of "Rafter"

One of a series of inclined structural supports supporting a roof.

Acceptance of the borrower's loan application. Approval means that the borrower meets the lender's ...

Powers of an agent delegated by an insurance company and shown in the form of a document. ...

Insurance company's examination of an insured business's payroll records in order to determine the f ...

Portion of company profits allocated by an employer, in good years, to an employee's trust. Contribu ...

Term or whole life policy with a face value that increases over time. ...

Property zoned and used for farming including the raising of crops and livestock. ...

A convertible ARM is an adjustable- rate mortgage (ARM) that can be converted into a fixed rate mort ...

A VA loan is a type of loan available to veterans and guaranteed by the Department of Veterans\' Aff ...

A commitment letter is a formal offer of a loan by a lender. The letter states the terms under which ...

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

A mortgage insurance premium is a policy that insures the lender against loss if the homeowner defau ...

A Buildable acre consists of 43,560 square feet of residentially designated buildable land, after ex ...

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