What is a loan commitment letter? A loan commitment letter a.k.a mortgage approval letter is an agreement letter that contains the lender’s promise to provide […]
Loan Commitment Letter: Basics and definition Read More »
What does list price means? The list price is the price at which a house is being sold for set by the seller of the
List Price: What is the meaning of the list price? Read More »
What does Lis Pendens mean? A Lis Pendens a.k.a pendency of action is a notice that is recorded in the public records to indicate that
Lis Pendens: What is the meaning of lis pendens? Read More »
What is a lien? A lien is a legal claim on someone’s asset especially when the asset was used as collateral in order to secure
Lien definition: What is a lien? Read More »
What is a jumbo mortgage? A jumbo mortgage or jumbo loan is a mortgage that exceeds the limit value that can be purchased by Fannie
Jumbo Mortgage: What is a jumbo mortgage? Read More »
What is a home inspection? A home inspection is an investigation of the house that is performed by a licensed inspector. After the seller accepts
Inspection: What is a home inspection? Read More »
What is HVCC? The home valuation code of conduct or HVCC is a set of guidelines provided by the federal government with the aim of
HVCC: Home Valuation Code of Conduct Read More »
What is homeowners insurance? Homeowners insurance is a combination of home insurances that protects the owner’s house and its belongings from futures damages related to
Homeowners Insurance: Basics and definition Read More »
What is HELOC? A home equity line of credit a.k.a HELOC is a type of home equity loan that lets homeowners borrow money(revolving credit line)
Home Equity Line Of Credit: What is HELOC? Read More »
What does float down means? Float down is an agreement between lenders and borrowers that lets borrowers lower their interest rates. What would you do
Float down: What is the meaning of float down? Read More »