Interest earned but not yet paid.

On an ARM loan, the time between changes in the interest rate or monthly payment.

A method of documenting a loan file that relies on information the borrower is likely to be able to provide instead of waiting on verification sent to third parties for confirmation of statements made [..]

The cost of credit expressed as a yearly rate. The annual percentage rate is often not the same as the interest rate. It is a percentage that results from an equation considering the amount financed, [..]

Fee charged by a lender to cover the initial costs of processing a loan application. The fee may include the cost of obtaining a property appraisal, a credit report, and a lock-in fee or other closing [..]

A fee charged by a licensed, certified appraiser to render an opinion of market value as of a specific date.

An increase in value of real estate.

A method of selling real estate where the buyer of the property agrees to become responsible for the repayment of an existing loan on the property.

A proceeding in a federal court to relieve certain debts of a person or a business unable to pay its debts.

A gift of personal property by will.