Tag: lender
Jingle Mail
What is 'Jingle Mail' A situation where a homeowner mails his or her house keys to a mortgage lender due to an...
Hard Money Loan
DefinitionA hard money loan is a specific type of asset-based loan financing through which a borrower receives funds secured by real property. Hard money...
Hard Inquiry
What is 'Hard Inquiry' A type of credit report check that may lower an individual's credit score. A hard inquiry occurs when...
Call Loan
What is 'Call Loan' A loan provided to a brokerage firm and used to finance margin accounts. The interest rate on a...
VA Loan
DefinitionA VA loan is a mortgage loan in the United States guaranteed by the United States Department of Veterans Affairs. The program is for...