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 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.
- 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 Union — Company, 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 Union — Company, 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 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.
- 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 Union — Company, Manitoba, Canada, ➥ A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
- Oakbank Credit Union — Company, Manitoba, Canada, ➥ A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
- Omista Credit Union — Company, 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 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.
- 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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Non-recourse Debt -
