Uh oh! You're not
+ Create New Flashcard
individually or jointly obligated to make repayments on a
for the entire
under the loan with one or more additional borrowers.
letter of credi...
You Also Might Like...
Deed of Trust vs. Mortgage
When buying a home most of us don't have the cash immediately available to simply buy the home outright, which results in the need for home loans. In order to secure a home loan lenders require the home to be put up as security, and the most common mechanisms for this are a deed of trust or a ...
Why Good Credit Matters For Both Individuals and ...
How Credit Scores Help Consumers
For consumers, a credit score helps determine how much you pay for certain products and services. In some cases, it may even have an effect on your chances in obtaining employment. A credit score gives lenders an idea of your credit risk and worthiness. Before credit score was developed, ...
How to Finance a Short Sale
A short sale is a real estate transaction for the purchase of a home before a bank forecloses on it. Short sales allow the owner of the home to sell the home below the market price and are subject to approval by the holder of the loan on the property. A short sale home often has the owners still ...
Copy & paste this HTML in your website to link to this page
Browse Dictionary by Letter: