Posted on: 21st May, 2012 02:02 am
terms for b
- backup contract
it is a contract through which the purchase and sale of a particular property becomes effective when another contract for the same property fails... - bait and switch
it is a kind of illegal advertisement of low interest loans by the lenders to lure the customers. later they reveal that the stock is limited and offers a substitute loan with higher rate... - balloon mortgage
it is a short term fixed rate loan which includes low monthly payments for a shorter period of time, say 5 to 7 years. after the loan term, one has to pay the balance in lump sum amount... - base rate tracker mortgage
it is a short term fixed rate loan which includes low monthly payments for a shorter period of time, say 5 to 7 years. after the loan term, one has to pay the balance in lump sum amount... - binder
it is a legal contract between an insurance buyer and his agent to provide temporary insurance coverage to the former until the policy is delivered... - bi-weekly mortgage
it is a type of mortgage in which the payments are made twice a month rather than paying on a monthly basis. as the borrower makes the payments faster, it helps him to save his interest payments... - blended payment
it is a loan payment that includes principal and interest. here the loan payment remains same with the principal increasing over time and the interest decreasing... - blended rate mortgage
it is the mortgage that combines the amount of an existing mortgage with the extra money taken by the borrower for the second mortgage. the interest rate charged on the amount borrowed is a blend of the interest rate on the first loan and the rate on the extra amount taken as the second loan... - book value
it is the left over assets which a company will have if it decides to move out of the business... - budget mortgage
it is a mortgage in which the borrower makes the monthly payments for insurance premiums, property tax besides paying for the principal and interest... - buy down mortgage
it is a mortgage in which the borrower makes the monthly payments for insurance premiums, property tax besides paying for the principal and interest... - buy-to-let mortgage
it is a kind of loan taken by the borrower to purchase a property which will be rented out to tenants... - breach of contract
it is a violation of the terms of a legal contract... - bridge loan
it is a loan that bridges the gap between purchasing a new home and the sale of the borrower's current home. it is a loan which the buyer takes on his current residence to finance his new residence...
Thanks for sharing the terminologies!! :)
I'm sure these terminologies will be of great help to all of us...
Have not been in business in a few years, always discussed yield spread and points divisible by 8, not sure how much280 bps is?
Welcome Guest,
You can check out the given page in order know more in this regard: "http://www.wikinvest.com/wiki/Basis_Point_%28BPS%29"
You can check out the given page in order know more in this regard: "http://www.wikinvest.com/wiki/Basis_Point_%28BPS%29"