House - Law Dictionary Search Results

mortgage acceleration clause

is changed, the loan is refinanced or the borrower defaults on a scheduled payment. Source: U.S. Department of Housing and Urban Development

improvements made in a home; for instance, to reduce the average level of radon. Source: U.S. Department of Housing and Urban Development

to demand payment of the entire outstanding balance if a monthly payment is missed. Source: U.S. Department of Housing and Urban Development

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credit report raw data pulled from two or more of the major credit-reporting firms. Source: U.S. Department of Housing and Urban Development

of one day or more and with principal and interest payable in U.S. dollars. Source: U.S. Department of Housing and Urban Development

mandatory delivery commitment Source: U.S. Department of Housing and Urban Development

make loan payments and is in danger of defaulting on his or her loan Source: U.S. Department of Housing and Urban Development

of time that the lender has guaranteed a specific interest rate to a borrower. Source: U.S. Department of Housing and Urban Development

guarantees a specific interest rate if the loan is closed within a specific time. Source: U.S. Department of Housing and Urban Development

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

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