Terms with Tag Mortgage

  • Non-recourse Debt Definition,
    • A loan secured by collateral where the borrower is not personally liable.
  • North Peace Savings and Credit UnionCompany, British Columbia, Canada,
      A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
    • North Shore Credit Union (NSCU) Company Est. 1941, North Vancouver, British Columbia, Canada,
        A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
      • North Sydney Credit UnionCompany, Nova Scotia, Canada,
          A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
        • North Valley Credit UnionCompany, Saskatchewan, Canada,
            A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
          • North Winnipeg Credit Union (NWCU) Company Est. 1943, Winnipeg, Manitoba, Canada,
              A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
            • Northern Credit Union (NCU) Company Est. 1957, Ontario, Canada,
                A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
              • Northern Lights Credit Union (NLCU) Company Est. 1947, Ottawa, Ontario, Canada,
                  A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
                • Northern Savings Credit UnionCompany, British Columbia, Canada,
                    A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
                  • Northridge Savings & Credit Union (NSCU) Company, Canada,
                      A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
                    • Note Rate Definition,
                      • The percentage paid by a borrower for the use of money, usually expressed as an annual percentage on a promissory note.
                    • Noventis Credit UnionCompany, Manitoba, Canada,
                        A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
                      • Oakbank Credit UnionCompany, Manitoba, Canada,
                          A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
                        • Omista Credit UnionCompany, New Brunswick, Canada,
                            A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
                          • One-year Adjustable Definition,
                            • Mortgage whose annual rate changes yearly. The rate is usually based on movements of a published index plus a specified margin, chosen by the lender.
                          • Ontario Educational Credit Union (OECU) Company Est. 1962,
                              A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
                            • Ontario Home Ownership Savings Plan (OHOSP)Acronym, Ontario, Canada, Very Important,
                              • Ontario Home Ownership Savings Plan provides a refundable tax credit to assist low income couples or individual to save towards the purchase of a first home.
                              An Ontario tax credit.
                            • Ontario Mortgage and Housing Initiative (OMHI)Acronym, Ontario, Canada,
                                Affordable housing financing.
                              • Ontario Mortgage Brokers Association (OMBA)Company, Ontario, Canada,
                                  OMBA has been defunct since 1995, see Independent Mortgage Brokers Association of Ontario (OMBA)
                                • Ontario Provincial Police Association Credit Union (OPPA, OPPACU)Company, Ontario, Canada,
                                    A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
                                  • Open Mortgage Definition, Important,
                                    • A mortgage that can be paid off prior to maturity without penalty.
                                  • Original Principal Balance Definition,
                                    • The amount borrowed.
                                  • Origination Date Definition,
                                    • The date on which a loan is funded.
                                  • Origination Fee Definition,
                                    • The fee a lender charges to process a loan. It usually includes the cost to prepare loan documents, check a borrower's credit history, inspect the property and sometimes conduct an appraisal. CanEquity will in most cases use a lender who doesn't charge this fee or we will cover the cost in full.
                                  • Oshawa Community Credit Union (OCCU) Company Est. 1952, Ontario, Canada,
                                      A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
                                    • Osoyoos Credit UnionCompany, British Columbia, Canada,
                                        A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
                                      • Other Real Estate Owned (OREO)Acronym,
                                          See also Real Estate Owned (REO).
                                        • Ottawa Police Credit Union (OPCU) Company Est. 1955, Ottawa, Ontario, Canada,
                                            A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
                                          • Ottawa Women's Credit Union (OWCU) Company Est. 1980, Ottawa, Ontario, Canada,
                                              A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
                                            • Owner Occupant Definition,
                                              • A borrower who resides in the property used as security for the loan.
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