Real estate

Real estate

Of or pertaining to property of land and the buildings on it. This also includes any minerals, crops, or any other natural resource. The business of real estate is the buying, selling, or renting property.

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Real estate > Mortgage

manufactured housing

Banking; Mortgage

A house built entirely in a factory, transported to a site and installed there.

market niche

Banking; Mortgage

A particular combination of loan, borrower and property characteristics that lenders use in setting prices and underwriting requirements. These characteristics are believed to ...

maturity

Banking; Mortgage

The termination or due date by which a loan’s final payment must be paid in full.

maximum loan amount

Banking; Mortgage

The largest loan size permitted on a particular loan program.

monthly debt service

Banking; Mortgage

Monthly payments required on credit cards, installment loans, home equity loans, and other debts but not including payments on the loan applied for.

mortgage broker

Banking; Mortgage

An independent contractor who offers the loan products of multiple lenders, termed wholesalers. A mortgage broker counsels on the loans available from different wholesalers, takes ...