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loan to value (ltv) ratio

the less cash a borrower is required to pay as down payment. Source: U.S. Department of Housing and Urban Development

cash reserves

buyer to be held in reserve in addition to the down payment and closing costs; the amount is determined by the lender.

annuity

or more persons receive annuities in return for prior fixed payments made by themselves or another (as an employer) annuity cer·tain

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repayment plan

a delinquent borrower where the borrower agrees to make additional payments to pay down past due amounts while making regularly scheduled

Credit

Credit, a transfer of goods in confidence of future payment; that side of an account or any item set down

Public Order Act, 1936

is an unlimited right. Such access may be conditional upon payment and subject to reasonable restrictions. For example the zoological gardens

Earnest

something in earnest to bind the contract, or in part payment,' or some note in writing of the bargain be made

Allowance

allouer, Fr., to place or assign], a deduction, an average payment, a portion. Also in selling goods, or in paying duties

House of Commons

abolished in 1858 by 21 & 22 Vict. c. 26. Payment of Members.--Members were from very early times entitled to payment

trust

remainder trust in which the named beneficiaries receive a fixed payment of not less than five percent of the fair market

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