Spreading Agreement

Definition of "Spreading agreement"

Agreement between a lending institution and borrower where the borrower agrees to extend or spread the collateral of a loan to additional properties beyond the original mortgaged property. The effect of this agreement is to reduce the risk of collection by the lender by enlarging the security base of the loan.

Search Real Estate Glossary

Related Real Estate Glossary terms

Disability Income Insurance

Health insurance that provides income payments to the insured wage earner when income is interrupted ...

Up-front Fee

Received immediately when an investment is made or contract signed. For example, a real estate limit ...

Sight Line

Visible area that can be readily seen by outside traffic. This is particularly important for a comme ...

Fire Extinguisher

Instrument that uses noncombustible substances such as carbon dioxide to deprive a fire of oxygen, t ...

Tenement

City apartment building that is overcrowded, poorly constructed or maintained, and generally part ...

Mortgage Banking Association (MBA)

national trade association of people engaged in the mortgage banking business, dedicated to the bett ...

Related Real Estate FAQ

What Is A Default?

A default is when a person fails to make payments on a loan. ...

What Is A Down Payment?

A down payment is the money you pay up front for the purchase of a home. ...

What Do I Need To Know About RV Insurance?

Your motor home can be both your transportation and your home away from home. So like your auto and ...

What Is A Buyer's Agent?

On most transactions, there is usually a listing agent and a selling agent. The selling agent is som ...

What Is A Cap?

A limit on an adjustable-rate mortgage. ...

What Do I Need To Know About Motorcycle Insurance?

You need an insurance policy that is tailored in your needs in mind. Take liability for example. Gue ...

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

Agents join here

Add our widget on your Website

Real Estate Advice

Mortgage Loan Types What do Real Estate Attorneys do? Why Right Now is a Good Time for Millennials to Buy a Home How To Choose A Realtor 7 Tips for a First Time Homebuyer

FAQ

What do I need to know about Managed Care Insurance: HMO, PPO, & and POS plans? What do I need to know about Group Health Insurance? What does an appraisal mean? What are basis points? I need Hospital Insurance in addition to my current health insurance policy?