Standard Rate : The most recently available average rate of return earned by the Short-Term Investment Pool (STIP) for the four quarters preceding the funding of the mortgage loan, plus an administrative fee component.
Subordination Agreement: An agreement by the holder of an encumbrance against real property to permit that claim to take an inferior position to other encumbrances against the property. The University may, as its option, refuse to sign a Subordination Agreement.
Tenants in Common: Joint ownership by two or more persons giving each tenant an interest and rights in a property, these interests need not be equal in quantity or islamic bank personal loan in pakistan. Title: The evidence of the right to or ownership in property.
Title Insurance: A policy, usually issued by a Title Insurance company, which insures a homebuyer and the lender against errors in the title search. The cost of the owner's policy is usually a percentage of the sales price and the lenders policy is a percentage of the loan person to person loan agreement form doc. Trustee: One who holds legal title to a property for the benefit of another, or for the purpose of securing performance of an obligation.
Cash to new loan meaning. Bad Debt A debt that is not collectible and is therefore worthless to the creditor.
Some financial institutions have the opportunity to expand their loan portfolio by more than 100, and this is only over the past eighteen months. The concept of "microcrediting" appeared in South Asia in 1974. The founder of this concept was Professor of Economics Mohammed Yunus.
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