What Is A Lifetime Rate Cap?

Are you wondering how to speed things up with your mortgage payment? Thinking how to build equity to your home”? Well, by paying off your mortgage. The more you do, the more ...

An escrow officer - also known as a loan officer - is the person that walks you through the closing process. They are usually employed by the title company that you are working with. They ...

A gated community is a community of homes where you must pass through a security gate in order to enter the community. ...

A seller takeback is a type of financing in which the seller arranges for the financing on a property. ...

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

Here you are asking us: “Do I have a lien on my home?” We don’t know. Do you? Here are some of the reasons why one would have a lien on their home: Defaulting. ...

An index is an economic indicator used to set the rate for adjustable-rate mortgages. ...

You came in here looking to find out what happens when a property starts to depreciate but the truth is that the question comes from a false premise because not all properties depreciate. ...

Annual return rate of capital invested in a wasting asset. The capital is returned from the depreciating asset's earned income. ...

Fixed interest rate loan in which the payments are made every two weeks, but the payment is one half the amount of a regular monthly fixed-rate mortgage with the same amortization schedule. ...

The former is the individual to whom the offer is presented, while the latter is the person proposing the offer. The same individual may play both roles. For example, an individual, acting ...

Also called a rollover mortgage. Provides a borrower with a fixed-rate mortgage that expires at a preestablished time, such as in four years. This permits the lender and borrower to ...

What is the ANSI (American National Standards Institute) Standard? Before arriving at the definition of ANSI standard, you must know that ANSI stands for The American National ...

Also called a will. Describes the disposition of property. ...

Legal abbreviation meaning with husband. ...

Governmental representative charged with the responsibility of officially evaluating real property for ad valorem taxation purposes. ...