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  2. Loan agreement - Wikipedia

    en.wikipedia.org/wiki/Loan_agreement

    Forms of loan agreements vary tremendously from industry to industry, country to country, but characteristically a professionally drafted commercial loan agreement will incorporate the following terms: Parties to contracts with their addresses; Definitions or interpretation provisions; Facility and purpose [a] Conditions precedent to utilization

  3. Bill of sale - Wikipedia

    en.wikipedia.org/wiki/Bill_of_sale

    According to Omotola the bill of sale is "a form of legal mortgage of chattels". Bullen and Leake and Jacobs define a bill of sale as "a document transferring a proprietary interest in personal chattels from one individual (the "grantor") to another (the "grantee"), without possession being delivered to the grantee".

  4. Real estate contract - Wikipedia

    en.wikipedia.org/wiki/Real_estate_contract

    The successful sale of another house may be needed to finance the purchase of a new one. Appraisal contingency – Purchase of the real estate is contingent upon the contract price being at or below a fair market value determined by an appraisal. Lenders will often not lend more than a certain percentage (fraction) of the appraised value, so ...

  5. What is a mortgage? A definitive guide for aspiring homeowners

    www.aol.com/finance/mortgage-definitive-guide...

    Principal – The specific amount of money you borrow from a mortgage lender to purchase a home. If you were to buy a $400,000 home, for instance, and take out a loan in the amount of $350,000 ...

  6. What is a mortgagee clause? - AOL

    www.aol.com/finance/mortgagee-clause-190100413.html

    The mortgage (or deed of trust). This is the document that serves as security for the loan. This is the document that serves as security for the loan. It conveys the property to the mortgagor ...

  7. 'It has just wrecked my whole life': Texas woman, 85, says ...

    www.aol.com/finance/just-wrecked-whole-life...

    Mortgage modifications are commonly for borrowers facing financial hardship. They can provide relief by altering the terms of a loan, such as the period of repayment or interest rate.

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