Thrift Institution

Definition of "Thrift institution"

Depository institution, such as mutual savings banks. If organized as mutual associations, depositors are shareholders, They offer mortgages.

Search Real Estate Glossary

Related Real Estate Glossary terms

Strike Insurance

Coverage to protect employers from losses due to labor disruptions. The ocean marine policy exempts ...

Rent With Option To Buy

Renter agrees to lease property for a designated term with the right to purchase it at a set price ...

Material Misrepresentation

Falsification of a material fact in such a manner that, had the insurance company known the truth, i ...

Deficiency Reserve

Addition to reserves of a life insurance company required by various states because the valuation pr ...

Specific Limit

Maximum limit of liability of an insurance company for a particular claim or kind of loss that is ap ...

Supplemental Benefit Formula

Procedure in Social Security that sets the benefit level for a dependent of a retired or disabled pe ...

Related Real Estate FAQ

What Does Fannie Mae Mean?

Fannie Mae is a name used by the Federal National Mortgage Association, which is a government-charte ...

When Should I Get Travel Insurance?

You should definitely consider getting travel insurance when doing or bringing any of the following ...

What Do I Need To Know About Business Insurance?

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

What Is A Spec House?

The textbook definition of a spec house is \"one built on a speculative basis, without an order on t ...

What Is A Housing Ratio?

A housing ratio is the percentage of your housing payment (principal, interest, taxes, and insurance ...

Do I Need Flood Insurance?

Over 90% of all presidential-declared disasters in the United States are flood related. Leveling for ...

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

Agents join here

Add our widget on your Website

Real Estate Advice

How To Get A Loan with Bad Credit What is Earnest Money Getting Ready to Sell? Don't make these DIY Mistakes! 6 Reasons you are not selling properties What Costs Do Buyers and Sellers Pay On Big Day When Escrow Closes?

FAQ

What is a negative amortization? What are the benefits of Commercial Auto Insurance? What does Fannie Mae mean? When Should I Get Travel Insurance? What is an easement?