The loan constant ratio shows the annual loan payments as a percentage of the original loan amount, helping...
Lending value and market value are two distinct valuations of an asset. Understanding the differences...
Lender credits and seller credits help reduce your upfront closing costs when buying a home but come...
A Junior Lien Position Disclosure informs borrowers that their new loan holds a secondary claim on their...
Jumbo loan reserve requirements are the extra liquid assets lenders require beyond your down payment...
A Jumbo Loan Eligibility Matrix is a lender’s internal checklist used to qualify borrowers for jumbo...
The ITIN Mortgage Loan Program enables individuals without a Social Security Number (SSN) but with an...
Internal controls for loan servicing are systems and procedures that safeguard loan accuracy, prevent...
An interest-only payment calculator estimates monthly payments covering just the interest on a loan,...
An Insured Closing Protection Letter (CPL) is a guarantee issued by a title insurance company protecting...