Thirty-year fixed mortgage

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Thirty-year fixed mortgage

Thirty-year fixed mortgage

A Thirty-year fixed mortgage is a loan that has an interest rate that stays the same for the Thirty-year term of the loan.

RELATED TERMS
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Fixed
A time period that is fixed for each calendar year, either by date or by calendar weeks; most in numerical sequence 1-52.

Mortgage
A legal document pledging property as security for the payment of a loan.

Loan
A sum of borrowed money (principal) that is generally repaid with interest.

Interest
Money paid to a lender as compensation for money that is borrowed.

Rate
Percentage a borrower pays for the use of money, usually expressed as an annual percentage.

Term
The length of time in which a loan is to be paid off.

SIMILAR TERMS
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Third party origination
A process by which a lender uses another party to completely or partially originate, process, underwrite, close, fund, or package the mortgages it plans to deliver to the secondary mortgage market.

Third party originator
Third-party originators prepare loan applications for borrowers and submit the applications to lenders.

Thirteenth Amendment to the United States Constitution (1868)
Section 1- Neither slavery nor involuntary servitude, except as a punishment for crime whereof the party shall have been duly convicted, shall exist within the United States, or any place subject to their jurisdiction. Section 2- Congress shall have power to enforce this article by appropriate legislation.

Thirty-day notice
Notice to vacate a premises under a periodic tenancy.

Thirty-year FHA mortgage
A Thirty-year FHA mortgage is insured by the Federal Housing Administration and has an interest rate that stays the same for the Thirty-year life of the loan.

Thirty-year FHA mortgage refinance
A Thirty-year FHA mortgage is insured by the Federal Housing Administration and has an interest rate that stays the same for the Thirty-year life of the loan.

Thirty-year fixed mortgage refinance
A Thirty-year fixed mortgage is a loan that has an interest rate that stays the same for the Thirty-year term of the loan.

Thirty-year jumbo mortgage
A 30-year jumbo mortgage is a home loan that exceeds the limits set by Fannie Mae and Freddie Mac (the 2005 limit is $359,650; $539,475 in Alaska, Hawaii and the U.S. Virgin Islands).

Thiruvananthapuram property
Property in Thiruvananthapuram, India. Apartments, flats, houses, offices and other property in Thiruvananthapuram.

PREVIOUS AND NEXT TERMS
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Twenty-year fixed refinance mortgage
A 20-year fixed refinance mortgage is a loan replaces an existing loan and has an interest rate that stays the same for the 20-year term of the loan. This type of loan is popular for people who have already paid down a lot of the principal of their existing mortgages.

Three month LIBOR rate
LIBOR stands for London Interbank Offered Rate, a standard financial index used in U.S. capital markets. It's the rate of interest at which banks offer to lend money to one another in the wholesale money markets in London.

Thirty-day notice
Notice to vacate a premises under a periodic tenancy.

Thirty-year FHA mortgage
A Thirty-year FHA mortgage is insured by the Federal Housing Administration and has an interest rate that stays the same for the Thirty-year life of the loan.

Thirty-year FHA mortgage refinance
A Thirty-year FHA mortgage is insured by the Federal Housing Administration and has an interest rate that stays the same for the Thirty-year life of the loan.

Thirty-year fixed mortgage

Thirty-year fixed mortgage refinance
A Thirty-year fixed mortgage is a loan that has an interest rate that stays the same for the Thirty-year term of the loan.

Thirty-year jumbo mortgage
A 30-year jumbo mortgage is a home loan that exceeds the limits set by Fannie Mae and Freddie Mac (the 2005 limit is $359,650; $539,475 in Alaska, Hawaii and the U.S. Virgin Islands).

Three way switch
A light switch that allows a person to turn the light on or off from either end of a hallway or stairway.

Table funding
Simultaneous conveyance of purchase price and title as well as all loan papers at a closing.

Tacking
Adding or combining successive periods of continuous occupation of real property by adverse possessors. This concept enables someone who has not been in possession for the entire statutory period to establish a claim of adverse possession.

This dictionary contains 6433 terms.

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