Loan terminology and definitions
[PDF File]Loan Terminology Glossary - Pepperdine University
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for ensuring loan originators comply with the credit terms required by the secondary market entities. Secondary mortgage market: Market in which previously issued mortgages and mortgage-backed securities are traded among lenders and investors. ... Definitions, terms, glossary, CRA
[PDF File]MORTGAGE DICTIONARY - Financialized
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Financial Terms and Definitions Handout À la carte À la carte is the overall category for food items that are priced separately and sold separately from a reimbursable meal, including the sale of an extra entrée or milk. Accounts Payable Accounts payable refers to the amount the SNP owes, but has not yet paid, for goods delivered and services
[PDF File]Fannie Mae Single-Family Loan Performance Data Glossary
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MORTGAGE DICTIONARY Adjustable-Rate Mortgage – An adjustable-rate mortgage (ARM) is a product with a floating or variable rate that adjusts based on some index. Amortization - Amortization is a decrease in the value of assets with time, which is normally the useful life of tangible assets.
[PDF File]Glossary and Terms
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Glossary of Commercial Mortgage Terminology Created by LendingApps, the creators of BrokerPro Software™ BrokerPro Software™ for mortgage brokers is just one piece of the commercial mortgage process. Our LenderPro Software™ and online Lender PIPELINE® is currently used by 80 of the top commercial mortgage lenders in the industry.
[PDF File]Glossary of Commercial Mortgage Terminology
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Glossary of Business Financial Terms 2 Cash Available to Service Additional Debt (CASAD): The cash flow determined that should be available to service a disaster loan. …
[PDF File]Financial Terms and Definitions Handout
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a securities loan and negotiates the terms with the borrower on behalf of a customer-owner. SLT APS see assured payment system. arbitrage profiting from a difference in price when the same security, currency or commodity is traded on two or more markets. SLT assured payment system an arrangement in an exchange-for-value system under which
Student Loan Definition and Other Loan Terms | eStudentLoan
Loan Terminology Glossary . The terms and definitions that follow are meant to give simple, informal meaning for words and phrases you may see on our Web site that may not be familiar to you. The specific meaning of a term or phrase will depend on where and how it is used, because the relevant documents, including signed agreements,
[PDF File]GLOSSARY OF BUSINESS FINANCIAL TERMS
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certain construction documents to have originated from the AIA forms. AMORTIZATION The principal portion of the loan payments made to the lender. Amortization is typically expressed terms of years in reference to an amortization schedule. For example: if a loan has 25 year amortization, this states the loan will be fully repaid over a 25 year
[PDF File]A glossary of terms used in payments and settlement systems
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Glossary of Banking Terms and Definitions: Banking Terms that Begin With A Banking Terms Banking Definitions AAA AAA is a term or a grade that is used to rate a particular bond. It is the highest rated bond that gives maximum returns at the time of maturity. Usually the grade AAA is …
[PDF File]Guide to Construction & Lending Terminology
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Fannie Mae Single-Family Loan Performance Data Glossary ... Loan Age P The number of calendar months since the mortgage loan's origination date. For purposes of calculating this data element, origination means the date on which the first full month of interest begins to accrue.
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