Will Boyle is a well-known real estate agent in the United Kingdom. He is a highly experienced agent who has worked in the real estate industry for many years. He has a…
What does an equitable title in real estate mean for me?
When you purchase a property, you want to be sure you are the legal owner. You do this by getting a title to the property. A title is a document proving you…
What does it mean to backstop a loan?
When a company or individual borrows money from a lending institution, they are typically required to provide some sort of collateral to secure the loan. This collateral can be in the form…
What does loan to deposit ratio mean?
The loan-to-deposit ratio (LDR) is a financial ratio that is used to determine the percentage of a bank’s loans that are funded by deposits. This ratio is used to monitor a bank’s…
What Does Severance Mean in the Context of Real Estate?
When it comes to real estate, severance can have two different meanings. First, severance can refer to the breaking of a lease. If one tenant moves out of a property before the…
What is a jumbo loan in Texas?
A jumbo loan is a mortgage that is larger than the average mortgage. In Texas, the maximum size for a jumbo loan is $417,000. Jumbo loans are available for both purchase and…
What is a jumbo reverse mortgage?
A jumbo reverse mortgage is a reverse mortgage loan that exceeds the loan limit set by the Federal Housing Finance Agency (FHFA). In most areas of the United States, the loan limit…
What is a mortgage call report?
A mortgage call report is a document that is produced after a mortgage company has conducted a mortgage call. It contains important information about the loan that was approved. Recommended: What not…
What is Core Plus Real Estate, and What are the Benefits?
Core Plus Real Estate is a type of real estate investment that offers investors the potential for higher returns by including a higher level of risk. The strategy involves investing in properties…
What is the maturity date on a car loan?
When you take out a car loan, the lender will require that you pay off the loan in a specific amount of time. This is called the maturity date. You need to…