INCOME PROPERTY MORTGAGE
Loan given to an investor to buy a residential or commercial rental property. Normally, these are much difficult to qualify for and frequently require a borrower to include estimates of the rental income to be received from the property. Unlike owner-occupied and single-family residences, there are few government loan programs that assist in purchasing income properties. The mortgage leaves investors at the hands of private lenders, who are at the mercy of the credit markets.
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Equalization Payments
Payment the federal government made to an individual, province, or state to offset monetary imbalances between several parts of the country or indi ...
Seller
In the financial industry, a seller may be one of two things. First, it is an entity that may be an individual or a group that exchanges a product ...
SLL
SLL is the abbreviation for the currency in the Republic of Sierra Leone which is the Sierra Leone leone.
Error Term
Margin of error in a statistical and/or mathematical model created when the model fails to fully depict the actual connection between the independe ...
Treasury Bill - T-Bill
Short-term debt obligation with a maturity of less than one year. Backed by the US government, these debts are sold in denominations from $1,000 up ...
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An Introduction to Forex Currencies
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