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Amortization The process of bcbg promo code november 2016 paying the principal and interest on a loan through regularly scheduled installments.
Contrast with subject to mortgage.
Remaining term The original loan term minus the number of payments made.
Power of attorney A document that authorizes an individual to act on behalf of someone else.Dormer A window set upright in a sloping roof.Typical option periods run from 7 to 14 days long.Trustee - An individual or organization that holds or manages and invests assets for the benefit of another.Short sale (of house) A sale of a house in which the proceeds fall short of what the owner still owes on the mortgage. .Back to Top ther Q Qualifying ratios Lenders compute qualifying ratios to determine how much a potential buyer can borrow.Loan-to-value ratios can effect interest rates, loan qualifying criteria, and lender requirements for PMI and escrow accounts.Shed roof A shed roof pitches up longer on one side than the other.
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The mortgage or deed of trust is your agreement to pledge your home or other real estate as security.