Terms with Tag Mortgage

  • Rosenort Credit UnionCompany, Manitoba, Canada,
      A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
    • Royglenor Savings and Credit UnionCompany, Alberta, Canada,
        A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
      • Salmon Arm Savings Credit Union (SASCU) Company Est. 1946, British Columbia, Canada,
          A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
        • Sandhills Credit UnionCompany, Saskatchewan, Canada,
            A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
          • Sanford Credit UnionCompany, Manitoba, Canada,
              A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
            • Saskatchewan Co-operative Financial ServicesCompany, Saskatchewan, Canada,
                A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
              • Saskatoon City Employees' Credit Union (SCECU) Company Est. 1947, Saskatchewan, Canada,
                  A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
                • Seasonal Unemployment Definition,
                  • The loss of jobs due to changes in the climate and other conditions. Forestry, fishing and construction are affected by climate, while retailing is affected by seasons and holidays. For instance, at Christmas, retail employment is higher than in January.
                • Second Home Definition,
                  • An additionally purchased property, often a vacation or a rental property.
                • Second Home Mortgage Definition, Important,
                  • A mortgage used purchase property, often a vacation or a rental property.
                • Second Mortgage Definition, Important,
                  • A mortgage which ranks after a first mortgage in priority on a registered land title.
                • Secondary Market Definition,
                  • A market where financial instruments such as stocks, bonds, options and futures are bought and sold to investors.
                • Secondary Mortgage Lender (SML) Acronym,
                  • A lender that offers mortgages, often through a mortgage broker.
                • Secondary Mortgage Market Definition, Important,
                  • The trade in home loans that are bundled together and sold as securities to investors. It frees money so more people can get mortgages.
                • Secured Debt Definition,
                  • A debt that is secured by a lien on debtor's property that may be taken by the creditor in case of non-payment by the debtor. A common example is a mortgage loan.
                • Self-Build Insurance Definition,
                  • Insurance that covers a homeowner for problems involved in a construction project.
                • Self-Employed Homeowner Mortgage (SEHM)Acronym,
                  • Seller Carryback Definition,
                    • A form of financing in which the seller of a property accepts a down payment and agrees to accept payments until the property is paid for.
                  • Seller Paid Closing Costs (SPCC)Acronym,
                    • Senior Counsellor of Mortgage Finance (SCMF)Acronym, Canada,
                      • Servus Credit Union (SCU) Company Est. 1938, Alberta, Canada,
                          Alberta's largest credit union and a Canadian NHA approved mortgage lender. Offers reverse mortgages.
                        • Shared-Appreciation Mortgage (SAM) Acronym,
                          • A mortgage loan where the lender or a third-party backer agrees to offer a highly reduced mortgage rate to the borrower in exchange of sharing profits when the property is sold.
                          • A home loan in which the lender offers a below-market interest rate in exchange for sharing in the profit when the home is sold. Usually done only with private funds/lenders.
                        • Shared-Equity Mortgage (SEM)Acronym,
                          • Sharons 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.
                            • Shaunavon Credit UnionCompany, Saskatchewan, Canada,
                                A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
                              • Shell Employees Credit UnionCompany, Alberta, Canada,
                                  A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
                                • Single Monthly Mortality (SMM)Acronym,
                                    Used to estimate monthly rate of prepayments for a mortgage pool.
                                  • So-Use Credit UnionCompany, Ontario, Canada,
                                      A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
                                    • Societé Canadienne d'Hypothèques et de Logement (SCHL)Acronym, Canada,
                                        French acronym for Canada Mortgage and Housing Corporation.
                                      • Solicitor Information Definition,
                                        • When you apply for a mortgage you will need a law firm with a lawyer's name and their contact information which would typically include the office location, phone number, fax number and e-mail address.
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