Mortgages

Mortgage Lending Value

Mortgage lending value (MLV) is according to the International Valuation Standards (sixth edition), the long-term value of the property over the term of ...
Mortgages

Mortgage Acceleration Clause

The mortgage acceleration clause is a provision in the mortgage loan contract that provides the lender with the legal right to demand repayment ...
Mortgages

Cash Out Refinance Definition

Cash-out refinance is a term used very often in the mortgage refinancing terminology. First of all mortgage refinancing means getting a new loan ...
Mortgages

Interest Only Loans

Interest only mortgage loans also referred to as term loans, call for payment of interest only and no principal. In this sense, there ...

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