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insured loan

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  • Loan modification in the United States — Loan modification, the systematic alteration of contactual mortgage loan agreements, has been practiced in the United States since the 1930s. During the Great Depression loan modification programs took place at the state level in an effort to… …   Wikipedia

  • loan — A lending. Delivery by one party to and receipt by another party of sum of money upon agreement, express or implied, to repay it with or without interest. Boerner v. Colwell Co., 21 Cal.Sd 37, 145 Cal.Rptr. 380, 384, 577 P.2d 200. Anything… …   Black's law dictionary

  • loan — A lending. Delivery by one party to and receipt by another party of sum of money upon agreement, express or implied, to repay it with or without interest. Boerner v. Colwell Co., 21 Cal.Sd 37, 145 Cal.Rptr. 380, 384, 577 P.2d 200. Anything… …   Black's law dictionary

  • Loan-to-value ratio — The loan to value (LTV) ratio expresses the amount of a first mortgage lien as a percentage of the total appraised value of real property. For instance, if a borrower borrows $130,000 to purchase a house worth $150,000, the LTV ratio is… …   Wikipedia

  • loan on life insurance policy — By insurer: not a loan in the ordinary sense of the term, being merely an advance by the insurer of a sum which the insurer ultimately must pay the borrower, that is, the insured. 29 Am J Rev ed Ins § 615. A loan by a bank or other financial… …   Ballentine's law dictionary

  • Spot Loan — A spot loan is a type of mortgage loan made for a borrower to purchase a single unit in a multi unit building, such as a condo complex. Lenders sometimes require that they approve the entire building in order to approve a loan for an unit within… …   Investment dictionary

  • Project loan securities — Securities backed by a variety of FHA insured loan types primarily multi family apartment buildings, hospitals, and nursing homes. The New York Times Financial Glossary …   Financial and business terms

  • Savings and loan crisis — The savings and loan crisis of the 1980s and 1990s (commonly referred to as the S L crisis) was the failure of 747 savings and loan associations (S Ls) in the United States. The ultimate cost of the crisis is estimated to have totaled around… …   Wikipedia

  • Savings and loan association — A savings and loan association, also known as a thrift, is a financial institution that specializes in accepting savings deposits and making mortgage loans. The term is mainly used in the United States; similar institutions in the United Kingdom …   Wikipedia

  • Industrial loan company — Banking A series on Financial services …   Wikipedia

  • FHA loan — is a federal assistance mortgage loan in the United States insured by the Federal Housing Administration. The loan may be issued by federally qualified lenders.FHA loans have historically allowed lower income Americans to borrow money for the… …   Wikipedia

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