Home Equity Line of Credit Costs
# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
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- Deed
- The legal document conveying title to a property.
- Deed of trust
- The document used in some states instead of a mortgage; title is conveyed to a trustee.
- Default
- Failure to make mortgage payments on a timely basis or to comply with other requirements of a mortgage.
- Delinquency
- Failure to make mortgage payments when mortgage payments are due.
- Depreciation
- A decline in the value of property; the opposite of appreciation.
- Due-on-sale provision
- A provision in a mortgage that allows the lender to demand repayment in full if the borrower sells the property that serves as security for the mortgage.
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