|
|
|
|
|
|
|
|
|
80-10-10
| Глоссарий в сфере недвижимости и ипотеки |
A type of blended mortgage loan which avoids private mortgage insurance (pmi). it consists of an 80% - 30 year first lien at market rates, a 10% - 15 year second lien at a slightly higher interest rate, and a 10% down payment. instead of having to come up with a 20% down payment, a buyer is able to avoid pmi with only 10% down. while the interest rate on the second note is a bit higher, the total monthly payment is usually lower than a 90% mortgage with pmi. in addition, the extra interest paid for the second lien is tax deductible, whereas pmi is not. it is also possible to payoff just the second lien, thereby lowering the future monthly payments. some lenders also offer 75-15-10 and 80-15-5 programs. this type of mortgage also gives the consumer the option of having a non-escrowing loan without a 20% down payment.
|
|
Deductible, английский
- Вычитаемая франшиза.
- Вычитаемый (из налогов)
- On a building project, a type of insurance policy stipulating that in the event of loss, the insured is liable for a specified initial amount and the insurance company is liable for the amount above that figure, up to the insured amount.
- An amount or period which must be deducted before an insurance payout or settlement is calculated.
- Франшиза
|
Warranty deed, английский
A type of deed that contains express assurances about the legal validity of the title being transferred. see general warranty deed and special warranty deed.
Zero lot line, английский
A term generally used to describe the positioning of a structure on a lot so that one side rests directly on the lot’s boundary line (no set back). where allowed by zoning and/or deed restrictions, it is used for “patio homes.”
|
|
|
|
|
|
|
