English    Translation Town >> Herramientas >> Glosarios >> Hipoteca
Afiliados    Cómo enlazarnos     Condiciones de uso     Sobre nosotros     Contactar con nosotros
    Enviar a un amigo     Háganos su página de inicio    Añadir a favoritos

  ¿Olvidó su     contraseña?
Translation Buyer
  Búsqueda de Traductor
  Obtenga presupuestos gratis
  Registro gratuito
  Nuestros servicios
  Registro gratuito
Free Translation
  Traductor On line
  Diccionarios On line
Translator Tools
  Software de Traducción
  Herramientas informáticas
  Language Schools
  Translation Schools
  Trabajos para traductores
  Negative amortization:

Payment terms under which the borrower's monthly payments do not cover the interest due; as a result, the balance due is added to the loan balance making it rise - thus "negative amortization".

Notice of default:

A formal written notice to a borrower that a default has occurred and that legal action may be taken.

Payment cap:

A provision of some ARMs limiting how much a borrower's payments may increase regardless of how much the interest rate increases; be aware that on some ARMs this may lead to "negative amortization".


Stands for principal, interest, taxes and insurance -- the components of a monthly mortgage payment.


A one-time charge by the lender to increase or decrease the stated interest rate on a loan. To decrease the interest rate, the borrower "pays" points, to increase the interest rate, the borrower "receives" points. All interest rate/point combinations are virtual financial equivalents.

Prepayment penalty:

A fee charged to a borrower who pays off a loan before it is due. Some loan programs contain a prepayment penalty, others do not - check with your loan officer for details.


The process of determining how much money a prospective home buyer will be eligible to borrow before a loan is applied for.


The amount borrowed or remaining unpaid; also, that part of the monthly payment that reduces the outstanding balance of a mortgage.

Private mortgage insurance (PMI):

Insurance provided by a nongovernmental insurer that protects lenders against a loss if a borrower defaults. Usually required on all loans with an "LTV" of more than 80%.

Purchase and sale agreement:

A written contract signed by the buyer and seller stating the terms and conditions under which a property will be sold.


ANTERIOR   1 2 3 4 5 6 7 8 9 10 11 12 13    SIGUIENTE
(Proyecto Abierto)