Discount Point
A discount point is a sum of money paid by the borrower or home buyer to the lender of the mortgage to decrease the interest
The latest news, tips, and tricks for homeowners
A discount point is a sum of money paid by the borrower or home buyer to the lender of the mortgage to decrease the interest
Distressed property is any property that is under foreclosure or being sold by the lender. Normally, a distressed property is a result of a homeowner
Creative financing is an innovative or unusual way of structuring a loan that allows a person to buy a home, land or some other major
A credit agreement is a legally binding contract made between a person who borrows money and the lender. It is agreed upon by both parties
A covenant lite loan is a loan agreement that has fewer covenants to protect the lender and fewer restrictions on the borrower regarding payment terms,
A cooperative mortgage is a type of loan that allows the borrower to purchase shares of a cooperative housing project. In this type of mortgage,
A conversion clause is a provision that may appear in an adjustable-rate mortgage, allowing the loan to be changed to a fixed-interest rate loan, usually
A convertible mortgage is an adjustable-rate loan that gives the borrower the option to convert the loan to a fixed-rate mortgage. This type of mortgage
A construction to permanent loan is a loan used to finance the construction of a home. When the home is complete, it converts into a
A construction loan is a short-term, interim loan to pay for building a house. As work progresses, the lender pays out the money in stages,
2336 SE Ocean Blvd. Suite 248 Stuart, Florida 34996
Partnerships
© 2016-2025 DomiDocs® | All Rights Reserved.