Capital at Mortgage Glossary

What is it? (1) Money used to create income, either as an investment in a business or an income property. (2) The money or property comprising the wealth owned or used by a person or business enterprise. (3) The accumulated wealth of a person or business. (4) The net

Mortgage Dictionary Term Added By: Alexis

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Other Similar Mortgage Terms:

Mortgage Term Appreciation is An increase in the value of a property due to market conditions or other causes. The opposite is depreciation.

Mortgage Term Before-Tax Cash Flow is The result when the annual debt service is subtracted from the net operating income. (See annual debt service, net operating income)

Mortgage Term Standby Takeout Commitment is An agreement by an interim lender to advance funds to take out a construction lender. (See interim financing)

Mortgage Term Fixed Rate Mortgage is A mortgage with a set interest rate which does not change over the life of the loan. Typically, fixed rate loans are available with terms ranging from 10 to 40 years, with the moth common being 15 year mortgage and 30 year mortgages. With a fixed rate loa

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