Loans Glossary

• Accrued Interest
• Amortization
• Annual Value
• Approval-In-Principal (AIP)
• Bank credit
• Bank discount
• Bank term loan
• Base loan amount
• Base price
• Borrow
• Borrower
• Borrower
• Bridge financing
• Bridge loan
• Bridging Loan
• Callable loan
• Cancellation Fee
• Cash back mortgage refinance loan
• Cash-Back
• Cash-out refinancing
• Caveat
• Ceiling
• Certificate of Statutory Completion (CSC)/ Temporary Occupancy Permit (TOP)
• Claw-Back/Refund Period
• Collateral
• Collection
• Completion of Sale and Purchase
• Construction Loan
• Contribution
• Conversion
• CPF Housing Withdrawal Limit
• Credit Report
• Debt Service Ratio
• Default
• Delinquent
• Down Payment
• Early Redemption (Partial or Full)
• End loan
• Equity Loan
• Equity mortgage
• Evaluator
• Fire Insurance
• Fixed installment
• Fixed rate mortgage
• Fixed-rate
• Guarantor
• Home equity
• Home equity debt
• Home equity line of credit
• Home equity loan
• Home inspection
• Home Insurance/Mortgage Reducing Term Insurance (MRTA)
• Home Loan/Mortgage Loan
• Interest Rate
• Interest-Only Payment Scheme
• Investment property
• Joint Tenancy
• Late Charge
• Legal Fee/Conveyance Fee
• Letter of intent
• Letter of Offer/Facility Letter
• Loan Amount
• Loan application
• Loan application fee
• Loan Period
• Loan processing fee
• Loan Tenor
• Loan term
• Loan term
• Loan Type
• Loan-To-Value (LTV)
• Lock-in
• Lock-in Period
• Market value
• Minimum down payment
• Minimum payment
• Mortgage
• Mortgage insurance
• Mortgage loan
• Mortgage rate
• Mortgage rate lock
• Mortgage rate lock deposit
• Mortgage rate lock float down
• Mortgage refinance
• Mortgage risk
• Mortgagee
• Mortgagee
• Mortgager
• Mortgagor
• Mortgagor
• New home sales
• Option to Purchase
• Original principal balance
• Preapproval letter (mortgage)
• Prime Lending Rate/Board Rate
• Property Tax
• Rate lock
• Refinancing
• Refinancing
• Refinancing risk
• Release clause
• Repayment
• Repayment period
• Repayment plan
• Repricing
• Residential mortgage
• Roll over
• Rollover mortgage
• Sale & Purchase Agreement
• Secured debt
• Secured loan
• Security deposit
• Security loan
• Short Term Loan
• Singapore Interbank Offer Rate (SIBOR)
• Stamp Duty
• Student loan
• Sub prime mortgage
• Submortgage
• Subprime
• Swap Offer Rate (SOR)
• Tenancy-In-Common
• Title Deed
• Valuation Fee
• Variable rate mortgage