Table Funding at Mortgage Glossary

What is it? Simultaneous conveyance of purchase price and title as well as all loan papers at a closing.

Mortgage Dictionary Term Added By: Joseph

Send To Friends!

If you'd like to send the Table Funding 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 Table Funding. If you need any more information on this term, please don't hesitate to contact us.

Other Similar Mortgage Terms:

Mortgage Term Assumption Subject To is When a loan is taken subject to, the seller agrees to remain liable and the buyer accepts no liability in the event of a deficiency on a foreclosure. (See assumption of mortgage, foreclosure)

Mortgage Term Application is An initial statement of personal and financial information required to apply for a loan.

Mortgage Term Credit Rating: is A rating given a person or company to establish credit-worthiness based upon present financial condition, experience and past credit history.

Mortgage Term Alternative Documentation is A method of documenting a loan file that relies on information that the borrower is likely to be able to provide instead of waiting on verification sent to third parties for confirmation of statements made in the application.

Mortgage Term Commitment is 1. A pledge to do a certain act, such as a promise by a lender to loan a certain amount of money at a specific rate of interest to a qualified borrower, provided the loan is made by a certain date. 2. Also refers to an agreement by a title insurance compa