Transitional licensing allows mortgage loan originators to temporarily continue working in a new state...
A tax lien loan is an arrangement where unpaid property taxes are paid by an investor who then collects...
A take-out loan is long-term financing that replaces a short-term construction loan after a building...
A subprime mortgage is a home loan made to borrowers with lower credit scores or limited credit history,...
A Shared Appreciation Mortgage (SAM) lets borrowers enjoy lower initial mortgage payments in exchange...
Seller financing is a real estate or business purchase method where the seller acts as the lender, allowing...
A second mortgage is a loan secured by your home that sits behind your primary mortgage. It lets homeowners...
Rent-to-own financing lets you rent a property with the option to buy later, offering an alternative...
An REO loan is the financing used to buy properties owned by banks after foreclosure. It typically involves...
A rate index is a benchmark interest rate that determines the fluctuating part of your variable loan...