New Home Tallahassee - No Cash-Out Refinance - Real Estate Glossary

Home

Real Estate Glossary

Begins with Contains Exactly matches
All \| A \| B \| C \| D \| E \| F \| G \| H \| I \| J \| L \| M \| N \| O \| P \| Q \| R \| S \| T \| U \| V \| W
No Cash-Out Refinance	A refinance transaction in which the new mortgage amount is limited to the sum of the remaining balance of the existing first mortgage, closing costs (including prepaid items), points, the amount required to satisfy any mortgage liens that are more than one year old (if the borrower chooses to satisfy them), and other funds for the borrower's use (as long as the amount does not exceed 1 percent of the principal amount of the new mortgage).
All \| A \| B \| C \| D \| E \| F \| G \| H \| I \| J \| L \| M \| N \| O \| P \| Q \| R \| S \| T \| U \| V \| W
Glossary V2.0

Upscale Homesite