Terms with Tag Mortgage

  • Credit Worthiness Definition,
    • How likely an individual or entity is to default on their debt.
  • Creditor Definition,
    • One who is owed money.
  • Creditor Insurance Definition,
    • Insurance that repays debt if the borrower cannot.
  • Creston & District Credit Union (CDCU) Company Est. 1951, British Columbia, Canada,
      A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
    • Crocus Credit UnionCompany, Manitoba, Canada,
        A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
      • Crossroads Credit UnionCompany, Saskatchewan, Canada,
          A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
        • Crosstown Civic Credit UnionCompany, Manitoba, Canada,
            A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
          • Current Yield Definition,
            • The annual increase in the value of an investment, usually expressed as a percentage.
          • Cypress Credit UnionCompany, Saskatchewan, Canada,
              A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
            • Dauphin Plains Credit Union (DPCU) Company Est. 1940, Manitoba, Canada,
                A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
              • Debden Credit UnionCompany, Saskatchewan, Canada,
                  A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
                • Debt Definition,
                  • Money one person or firm owes to another person or firm.
                • Debt Consolidation Definition,
                  • The replacement of multiple loans with a single loan, often with a lower monthly payment and a longer repayment period. It's also called a consolidation loan. CanEquity has access to Canada's best debt consolidation products, for more info about debt consolidation see our debt consolidation page.
                • Debt to Income (DTI) Acronym, Important,
                  • The percentage of an individual's income that is used to repay debt.
                  A ratio used by mortgage lending underwriters when determining an individual's credit worthiness and their ability to service a mortgage loan.
                • Debt-to-Income Ratio Definition,
                  • The percentage of an individual's income that is used to repay debt.
                • Debtor Definition,
                  • A person who has filed a petition for relief under the bankruptcy laws.
                  • Anyone who owes money to a creditor.
                • Declining Life Insurance Definition,
                  • Life insurance with a decreasing death benefit, often used to insure mortgage debt.
                • Deed to Secure Debt (DSD)Acronym,
                  • Default Definition,
                    • When a borrower fails to fulfill the obligations of a loan or lease.
                  • Deferred-Interest Mortgage (DIM)Acronym,
                    • Delinquency Definition,
                      • Failure to make mortgage payments when mortgage payments are due.
                    • Delinquent Mortgage Definition, Important,
                      • A mortgage loan where the borrower fails to make payments as specified in the loan agreement.
                    • Delisle Credit UnionCompany, Saskatchewan, Canada,
                        A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
                      • Dependent Definition,
                        • A person who relies on someone else for financial support. If you have dependents, you can claim them as exemptions, which will reduce the amount of your income that is taxed.
                      • Deposit Definition,
                        • An act of putting a sum of money in to a bank account.
                        • A sum of money put towards a given transaction. In a property purchase, a deposit signifies the intent to buy, which is paid to the vendor and applied to the principal cost.
                      • Desjardins des Sources—Lac-Saint-LouisCompany, Quebec, Canada,
                          A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
                        • Desjardins Financial Security (DFS) Company Est. 2002, Canada-wide, Important,
                            A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
                          • Desjardins Rail Credit UnionCompany, Quebec, Canada,
                              A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
                            • Diamond North Credit UnionCompany, Saskatchewan, Canada,
                                A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
                              • Direct Reduction Mortgage (DRM)Acronym,
                                Compare. Calculate. Apply today.
                                Compare Mortgage RatesMortgage CalculatorsApply for a Mortgage