Terms with Tag Mortgage

  • Health Care Credit UnionCompany, Ontario, Canada,
      A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
    • Herbert Credit UnionCompany, Saskatchewan, Canada,
        A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
      • Heritage Credit UnionCompany, British Columbia, Canada,
          A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
        • Heritage Savings & Credit Union (HSCU) Company Est. 1952, Chatham, Ontario, Canada,
            A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
          • High Combined Loan to Value (HCLTV)Acronym,
            • High-ratio Mortgage Definition, Important,
              • A mortgage in which a borrower places a down payment of less than 20% of the purchase price.
            • Holdback Definition,
              • A dollar amount that is withheld by the lender during construction of a home to ensure construction is satisfactory at every stage. The amount of hold-back is typically equivalent to the estimated cost to complete the construction.
            • Holy Angel's & St. Anne's Parish (St. Thomas) Credit UnionCompany, Ontario, Canada,
                A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
              • Home Buyers' Plan (HBP) Acronym, Canada, Very Important,
                • A way for a homebuyer to use part of his or her RRSP as a down payment on a mortgage.
                Government assistance for first-time homebuyers.
              • Home Equity (HE) Acronym, Very Important,
                • The part of a home's value that the mortgage borrower owns outright; the difference between the fair market value of the home and the principal balances of all mortgage loans.
              • Home Equity Advantage Program (HEAP) Acronym,
                • Home Equity Combined Loan to Value (HCLTV)Acronym,
                  • Home Equity Credit Line (HECL)Acronym,
                      More commonly known as Home Equity Line of Credit (HELOC).
                    • Home Equity Debt Definition,
                      • Debt secured by your home.
                    • Home Equity Instalment Loan (HEIL)Acronym,
                      • Home Equity Line of Credit (HELOC) Acronym, Very Important,
                        • An open-ended loan, paid as revolving debt, that is backed by the equity in the property.
                        Also known as a Home Line of Credit.
                      • Home Equity Loan (HEL) Acronym, Very Important,
                        • A loan that can replace or be an addition to the first mortgage. Typically used as a home improvement loan.
                        Also known as an Equity Take Out (ETO).
                      • Home Equity Prepayment (HEP)Acronym,
                        • Home Equity Release (HER)Acronym,
                          • Home Equity Withdrawal (HEW)Acronym,
                            • Home Improvement Loan (HIL)Acronym, Important,
                              • Home Inspector Definition,
                                • A person who has a broad general knowledge relating to basic home construction, common household problems and methods for their correction.
                              • Home Loan Definition,
                                • A loan used to buy a home is referred to as a "mortgage."
                              • Home Loan Account (HLA)Acronym,
                                • Home Loan Applicant (HLA)Acronym,
                                  • Home Loan Consultant (HLC)Acronym, United States,
                                      A US mortgage term.
                                    • Home Loan Servicing (HLS)Acronym,
                                      • Home Loans Canada (HLC) Company, Toronto, Ontario, Canada,
                                          Subsidiary of CIBC mortgage Inc.
                                        • Home Trust Company (HTC) Company Est. 1977, Canada-wide, Important,
                                            A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
                                          • Homeowners (HO)Acronym,
                                            • Multiple line insurance policy covering property and liability for homeowners.
                                            HO stands for Home Insurance within the insurance industry.
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