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Loans Glossary Term Of The Day -

QUALIFICATION RATE
The rate of interest used to calculate whether or not a borrower qualifies for a mortgage.

Loans Glossary.com Term Of The Day was designed specifically to expand and enhance your career and personal vocabulary, using selected lending terms from the Loans Glossary interchanged selectively with terms from other Mega Glossaries for their usefulness in business, public speaking and day-to-day conversation .You may also search any term from the Loans Glossary and Mega Glossary database menus provided below.

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ORIGINAL PRINCIPAL BALANCE

ORIGINATION FEE

OUTSTANDING BALANCE

OWNER FINANCING

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