Real Estate Glossary U

By FrontDoor.com | Published: 11/01/2007

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
U

Underwriting -- The decision whether to make a loan to a potential homebuyer based on credit, employment, assets and other factors; and the matching of this risk to an appropriate rate and term or loan amount.

Usury -- Interest charged in excess of the legal rate established by law.

           
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