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Choose a Letter to view the terms starting with that letter.
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Cap
A limit on interest rate fluctuation on an adjustable rate.
Certificate of Reasonable Value
Property appraisal necessary for a VA-guaranteed loan.
Certificate of Redemption
Certificate issued by the county tax collector verifying payment of all past due obligations.
Chattel Mortgage
Using personal property to guarantee a promissory note.
Closing
The ending of a real estate transaction resulting in title and fund conveyance.
Closing Costs
Expenses resulting from the closing of a real estate mortgage loan.
Closing Statement
Also known as a HUD-1 statement. Provides a listing of all funds payable at closing.
Cloud on Title
Encumbrance which affects the title marketability.
Compound Interest
Interest payable on the principal loan amount and accrued interest.
Conventional Loan
A secured loan that is not insured by FHA and VA loans.
Cost Approach
An Appraisal method to determine market value calculated by adding value less depreciation to the replacement value.
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