Terms with Tag Mortgage
- Health Care 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.
- Herbert 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.
- Heritage 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.
- Heritage Savings & Credit Union (HSCU) — Company Est. 1952, Chatham, Ontario, Canada, ➥ A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
- High Combined Loan to Value (HCLTV) — Acronym,
- High-ratio Mortgage — Definition, Important,
- A mortgage in which a borrower places a down payment of less than 20% of the purchase price.
- Holdback — Definition,
- A dollar amount that is withheld by the lender during construction of a home to ensure construction is satisfactory at every stage. The amount of hold-back is typically equivalent to the estimated cost to complete the construction.
- Holy Angel's & St. Anne's Parish (St. Thomas) 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.
- Home Buyers' Plan (HBP) — Acronym, Canada, Very Important,
- A way for a homebuyer to use part of his or her RRSP as a down payment on a mortgage.
➥ Government assistance for first-time homebuyers. - Home Equity (HE) — Acronym, Very Important,
- The part of a home's value that the mortgage borrower owns outright; the difference between the fair market value of the home and the principal balances of all mortgage loans.
- Home Equity Advantage Program (HEAP) — Acronym,
- Home Equity Combined Loan to Value (HCLTV) — Acronym,
- Home Equity Credit Line (HECL) — Acronym, ➥ More commonly known as Home Equity Line of Credit (HELOC).
- Home Equity Debt — Definition,
- Debt secured by your home.
- Home Equity Instalment Loan (HEIL) — Acronym,
- Home Equity Line of Credit (HELOC) — Acronym, Very Important,
- An open-ended loan, paid as revolving debt, that is backed by the equity in the property.
➥ Also known as a Home Line of Credit. - Home Equity Loan (HEL) — Acronym, Very Important,
- A loan that can replace or be an addition to the first mortgage. Typically used as a home improvement loan.
➥ Also known as an Equity Take Out (ETO). - Home Equity Prepayment (HEP) — Acronym,
- Home Equity Release (HER) — Acronym,
- Home Equity Withdrawal (HEW) — Acronym,
- Home Improvement Loan (HIL) — Acronym, Important,
- Home Inspector — Definition,
- A person who has a broad general knowledge relating to basic home construction, common household problems and methods for their correction.
- Home Loan — Definition,
- A loan used to buy a home is referred to as a "mortgage."
- Home Loan Account (HLA) — Acronym,
- Home Loan Applicant (HLA) — Acronym,
- Home Loan Consultant (HLC) — Acronym, United States, ➥ A US mortgage term.
- Home Loan Servicing (HLS) — Acronym,
- Home Loans Canada (HLC) — Company, Toronto, Ontario, Canada, ➥ Subsidiary of CIBC mortgage Inc.
- Home Trust Company (HTC) — Company Est. 1977, Canada-wide, Important, ➥ A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
- Homeowners (HO) — Acronym,
- Multiple line insurance policy covering property and liability for homeowners.
➥ HO stands for Home Insurance within the insurance industry.
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