Starter home
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  Starter home



Starter home

   A dwelling that is relatively small and inexpensive and bought as a first home.

RELATED TERMS
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Dwelling
Any building, structure or part thereof used and occupied for human habitation or intended to be so used, including any appurtenances.



SIMILAR TERMS
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Star System
Usually used in franchised hotels-motels. Designates the services provided by the property.

Stara Zagora property
Property in Stara Zagora, Bulgaria. Apartments, flats, houses, offices and other property in Stara Zagora.

Stare decisis
The reliance of courts on previous decisions when judging disputes.

Starsy Oskol property
Property in Starsy Oskol, Russia. Apartments, flats, houses, offices and other property in Starsy Oskol.



PREVIOUS AND NEXT TERMS
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Standard Uniform Application
An application developed by FNMA and FHLMC that is widely used in the mortgage industry.

Standard Variable Rates (SVR)
The lender’s standard mortgage interest rate - without any discount. Usually tracks an index.

Standby takeout commitment
An agreement by an interim lender to advance funds to take out a construction lender.

Star System
Usually used in franchised hotels-motels. Designates the services provided by the property.

Stare decisis
The reliance of courts on previous decisions when judging disputes.

Starter home

State and Local Housing Programs
Unique housing finance programs to assist first time home buyers and low to moderate housing groups.

Statement
A detailed record of transactions in a bank customer's account(s) for a certain period, usually each month, which shows debits, credits, transfers, payroll deposits, account balance, check fees, service charges, ATM activity, etc.

Statement of information
Statements provided to the escrow agent verifying pertinent data identifying the grantor, grantee, or borrower.

Statement of reasons
The Federal Equal Credit Opportunity Act (ECOA) (Title VII of the Consumer Protection Act) requires that a lender-creditor who denies an application for credit must provide the applicant with a statement of reasons, or written notification of the applicant's right to obtain a statement of reasons, within thirty days after receipt of a completed application for credit.

Statute
A law established by an act of a legislature.

This dictionary contains 6433 terms.
      












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