Terms with Tag Mortgage
- Junior Mortgage — Definition,
- A loan that is subsequent to the claims of the holder of a prior (senior) mortgage.
- Kawartha Credit Union (KCU) — Company, Ontario, Canada, ➥ Merged with Unity Savings and Credit Union under the Kawartha Credit Union name in March 2012. A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
- Kerrobert Credit Union — Company, Saskatchewan, Canada, ➥ A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
- Khalsa Credit Union — Company, British Columbia, Canada, ➥ A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
- Khalsa Credit Union (Alberta) — Company, Alberta, Canada, ➥ A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
- Kicker — Definition,
- Any benefit to a lender above ordinary fixed-interest payments such as an equity position in a property or a percentage participation in the income stream.
- Killarney Credit Union — Company, Manitoba, Canada, ➥ A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
- Kingston Community Credit Union (KCCU) — Company Est. 1957, Kingston, Ontario, Canada, ➥ Originally founded as the Kingston Civic Employees Credit Union. A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
- Kootenay Savings Credit Union (KSCU) — Company Est. 1969, British Columbia, Canada, ➥ A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
- L.I.U.N.A. Local 183 Credit Union — Company, Ontario, Canada, ➥ A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
- La Salle Credit Union — Company, Manitoba, Canada, ➥ A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
- Laddering — Definition,
- Staggering deposits into investments such as CDs in order to vary and better the rate of return.
- Ladysmith & District Credit Union (LDCU) — Company Est. 1944, Ladysmith, British Columbia, Canada, ➥ A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
- Lafleche Credit Union — Company, Saskatchewan, Canada, ➥ A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
- LaHave River Credit Union — Company, Nova Scotia, Canada, ➥ A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
- Lake View Credit Union — Company, British Columbia, Canada, ➥ A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
- Lakeland Credit Union — Company, Alberta, Canada, ➥ A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
- Land Draw — Definition,
- A construction loan backed by the value of the land.
- Late Charge — Definition,
- A fee imposed on a borrower for not paying on time
- Late Payment — Definition,
- A sum a borrower sends to a lender that is received past the date when it was due.
- Lead Lender — Definition,
- A financial institution which heads up a financial consortium or syndicate to provide funds for a mortgage.
- Leasehold Mortgage — Definition, Important,
- A mortgage given by a lessee on the security of his leasehold interests in the land.
- Legacy Saving & Credit Union — Company, Alberta, Canada, ➥ A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
- Legal Fees and Disbursements — Definition,
- Charges paid on your behalf by a solicitor that are in addition to professional costs.
- Legal Mortgage — Definition, Important,
- The written geographical description of a property as described in the land register.
- Lender — Definition,
- The bank or mortgage company offering the loan.
- Lender Paid Mortgage Insurance (LPMI) — Acronym, United States, ➥ A US mortgage term.
- Lender Placed Hazard Insurance (LPHI) — Acronym,
- Lender's Mortgage Insurance (LMI) — Acronym, United States, ➥ A US mortgage term.
- Lending Value — Definition,
- The property value for mortgage purposes. Usually the lesser of appraised value or sale price.
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