Glossary of Real Estate Industry Terms » Mortgage Masters Group

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Glossary of Real Estate Finance Terms. The terms below are commonly used in the real estate finance industry. Use the alphabetic index to move quickly your term of interest. Please drop us an email if you need further explanation or you find a term we have not defined.. A written summary of.

A condition in a real estate financing instrument giving the lender the power to declare all sums owing lender immediately due and payable upon the happening of an event, such as sale of the property, or a delinquency in the repayment of the note. ACCEPTANCE – The act of agreeing or consenting to the terms of an offer thereby establishing the

Weekly mortgage applications fall as interest rates rise to highest level in a month Mortgage applications to refinance a home loan, which are highly sensitive to interest rate moves, fell 2 percent last week. The highest. weekly rate moves, mortgage applications to buy a home fell.

The Glossary of Real Estate Industry Terms is a publication of the National Association of Hispanic Real Estate Professionals. In a recent NAHREP survey, top producing Latino agents and loan officers indicated that 40 percent of their transactions make use of Spanish at some point in the transaction and as much as 25 percent of all transactions utilize Spanish exclusively as the means of communication.

fixed-rate mortgage A mortgage whose rate remains constant throughout the life of the mortgage. flood insurance The Federal Flood Disaster Protection Act of 1973 requires that federally-regulated lenders determine if real estate to be used to secure a loan is located in a Specially Flood Hazard Area (SFHA).

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Delaney made a fortune in the business world before serving three terms in Congress. Regal Entertainment Group and ultimately joined its board of directors. Today his assets include hedge fund.

How to Buy Commercial Property with 100% Financing! The Glossary of Real Estate Industry Terms is a publication of the National Association of Hispanic Real Estate Professionals. In a recent NAHREP survey, top producing Latino agents and loan officers indicated that 40 percent of their transactions make use of Spanish at some point in the transaction and as much as 25 percent of all transactions utilize Spanish exclusively as the means of communication.