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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.
6Categories 16551Terms
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Real estate > Mortgage 
referral power
Banking; Mortgage
The ability to direct a client to a specific vendor. Referral power is based on information and authority of the referrer, and ignorance of the client.
referral site
Banking; Mortgage
A mortgage web site that introduces potential borrowers to participating lenders, in some cases to multiple hundreds of them.
rent premium
Banking; Mortgage
An increment above the rent paid on a lease-to-own home purchase, which is credited to the purchase price if the purchase option is exercised, but which is lost if the option is ...
reverse mortgage
Banking; Mortgage
A loan to an elderly home owner on which the balance rises over time, and which is not repaid until the owner dies, sells the house, or moves out permanently.
scheduled mortgage payment
Banking; Mortgage
The amount the borrower is obliged to pay each period, including interest, principal, and mortgage insurance, under the terms of the mortgage contract.
second mortgage
Banking; Mortgage
A loan with a second-priority claim against a property in the event that the borrower defaults. The lender who holds the second mortgage gets paid only after the lender holding ...
Sub-categories
- Commercial (226)
- Contracts (13098)
- Corporate (746)
- Home improvement (1576)
- Mortgage (522)
- Residential (169)