Home
E-Mail
Latest

Net Income: at Mortgage Glossary

What is it? The difference between effective gross income and expense including taxes and insurance. The term is qualified as net income before depreciation and debt.

Mortgage Dictionary Term Added By: Emily

The Net Income: definition has been viewed 123 Time(s)!




Send To Friends!

If you'd like to send the Net Income: definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -





We hope you now understand the meaning of Net Income:. If you need any more information on this term, please don't hesitate to contact us.

Other Similar Mortgage Terms:

Mortgage Term Implied Authority is The authority of an agent to perform acts which are reasonably necessary to accomplish the purpose of the agency.

Mortgage Term Shared-appreciation mortgage is A loan that allows a lender or other party to share in the borrowers profits when the home is sold.

Mortgage Term Lease Purchase is Same as Lease Option

Mortgage Term Sublease is A lease given by a lessee for a portion of the leasehold interest, while the lessee retains some reversionary interest. The sublease may be for all or part of the premises, for the whole term or part of it, as long as the lessor retains some interest in t

Mortgage Term Unenforceable Contract is A contract which is considered unenforceable either because it cannot be proven or will not be enforced by a court. In addition to being considered void or illegal, other reasons for unenforceable contracts may be because they were not presented in writin