Terms with Tag Mortgage

  • Cash Back (CB) — Acronym,
    • Cash Back Mortgage — Definition, Important,
      • A mortgage that provides the borrower a lump sum cash payment.
    • Cash Flow — Definition,
      • The money an investment produces after subtracting cash expenses from income.
    • Cash Flow Forecast — Definition,
      • An estimate of when and how much money will be received and paid out of a business. It usually records cash flow on a month-by-month basis for a period of two years.
    • Cash Out (CO) — Acronym,
        ➥ More commonly referred to as "home equity loan" or "refinance."
      • Cash Out Mortgage (COM) — Acronym, Very Important,
        • The taking out of a new mortgage on the same property in which the amount borrowed is greater than the amount of the previous mortgage. The difference is taken out in cash.
        ➥ More commonly referred to as "home equity loan" or "refinance."
      • Cash Out Refinance — Definition,
        • The taking out of a new mortgage on the same property in which the amount borrowed is greater than the amount of the previous mortgage. The difference is taken out in cash.
      • CCEC Credit Union — Company, British Columbia, Canada,
          ➥ A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
        • Central 1 Credit Union (C1CU) — Company Est. 1944, British Columbia, Canada, Important,
            ➥ A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
          • Central Bank — Definition,
            • An institution that manages a nation's monetary policy.
          • Certified Mortgage Appraisal Reviewer (CMAR) — Acronym, Canada,
            • Certified Mortgage Consultant (CMC) — Acronym, United States,
                ➥ A US mortgage term.
              • Certified Residential Mortgage Specialist (CRMS) — Acronym, United States,
                  ➥ A US mortgage term.
                • Change Frequency — Definition,
                  • The scheduled period in which an adjustable-rate mortgage adjusts.
                • Chattel — Definition,
                  • Personal property that can be moved.
                • Chattel Mortgage — Definition, Important,
                  • A loan backed by movable personal property. Generally mobile or trailer homes.
                • Chinook Credit Union — Company, Alberta, Canada,
                    ➥ A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
                  • Churchbridge Savings & Credit Union — Company, Saskatchewan, Canada,
                      ➥ A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
                    • CIBC Mortgages and Lending (CML) — Acronym, Toronto, Ontario, Canada,
                      • CIBC Mortgages Inc. (CMI) — Company, Canada-wide, Very Important,
                          ➥ A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
                        • City Plus Credit Union (CPCU) — Company Est. 2005, Calgary, Alberta, Canada,
                            ➥ A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
                          • City Savings & Credit Union — Company, Ontario, Canada,
                              ➥ A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
                            • Closed End Second (CES) — Acronym,
                              • Closed Mortgage — Definition, Important,
                                • Closed mortgages involve a strict repayment schedule of a specific amount with optional limited lump sum payments and payment increases.
                              • Closing — Definition,
                                • In real estate, the delivery of a deed, the payment of the purchase price, the signing of notes, and the paying of closing costs, which completes a real estate transaction.
                              • Closing Costs — Definition,
                                • The miscellaneous expenses involved in closing a real estate transaction that are over and above the purchase price. Some of the closing costs include title insurance, appraisal fee.
                              • Closing Date (cloda) — Abbreviation,
                                • The date a buyer takes possession of a property title.
                              • Closing Date Notice (CDN) — Acronym,
                                • Co-maker — Definition,
                                  • Any party that co-signs a promissory note. All co-makers assume responsibility for the loan if any of the other co-signers renege.
                                • Co-mortgagor — Definition,
                                  • A party or individual who co-signs for a mortgage loan.
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