FinanceLeadHouse.com :: UK's Leading Online Financial Portal.   SPECIAL ONLINE OFFER : Typical 6.9 APR

 
"Online Loans UK" FinanceLeadHouse offers you wide range of online & real easy...

Secured Loans UK, Unsecured Loans, Personal Loans UK, Tenants Loans, Students Loans, Marriage Loans, Debts Consolidations Loans, Home Improvement Loans, or Homeowner Loans, Holidays Loans, Property Loans & Short Terms Property Loans, Mortgage, Re-mortgage and Adverse ReMortgage Loans UK, Cheap Secured Loans, Fast Secured Loans and much more...

You get it all at a very cheap rate with Low rate of interest, Low APR, easy and tailor made repayment plans for your ease, with a very flexible repayment time period starting from a minimum of 1 Year to 25 Years. So apply for one now and consolidate your everyday piling debts.

And now for you to be able to understand what all Loan terms are commonly evolved into the market, we herewith bring to you an instant Loan Glossary online. 		FLH :: Online Loan Glossary
Online Loan Glossary
D

Debt-to-income ratio: a comparison of gross income to housing and non-housing expenses; With the FHA, the-monthly mortgage payment should be no more than 29% of monthly gross income (before taxes) and the mortgage payment combined with non-housing debts should not exceed 41% of income.

Deed: the document that transfers ownership of a property.

Deed-in-lieu: to avoid foreclosure ("in lieu" of foreclosure), a deed is given to the lender to fulfill the obligation to repay the debt; this process doesn't allow the borrower to remain in the house but helps avoid the costs, time, and effort associated with foreclosure.

Default: the inability to pay monthly mortgage payments in a timely manner or to otherwise meet the mortgage terms. Delinquency: failure of a borrower to make timely mortgage payments under a loan agreement. Discount point: normally paid at closing and generally calculated to be equivalent to 1% of the total loan amount, discount points are paid to reduce the interest rate on a loan.

Discount: In an ARM with an initial rate discount, the lender gives up a number of percentage points in interest to give you a lower rate and lower payments for part of the mort­gage term (usually for one year or less). After the discount period, the ARM rate will probably go up depending on the index rate.

Down payment: the portion of a home's purchase price that is paid in cash and is not part of the mortgage loan.


 
© Finance Lead house All Rights Reserved.
FinanceLeadHouse : UK's One Stop Online Loan Resource Provider.
About us | Privacy Policy | FLH on Google | Site-Map | FLH Global:FLH Experts in Your City/Area | Customer Service |
Testimonials:: Customers Speak | News Update | Loans Advisors | Insurance Advisors | Home Equity | Tax Saving Guide
IT GLOBAL CONSULTING PVT. LTD.
+44 020 3006 3076