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Alternative Documentation Loan

A category of loans (as distinct from prime and subprime) which, though characterized by high credit scores, doesn't meet the...

Liar Loan

A category of loans (as distinct from prime and subprime) which, though characterized by high credit scores, doesn't meet the...

Alt-A

A category of loans (as distinct from prime and subprime) which, though characterized by high credit scores, doesn't meet the...

Loan Commitment

A firm commitment by a lender (e.g., a bank) to provide credit (loan) under pre-specified terms and conditions. It is...

Al-Qardh al-Ribawi

An Arabic term (القرض الربوي) that denotes “interest-bearing loan” (riba-bearing qard). In other words, al-qardh al-ribawi is a loan extended...

Al-Qard al-Ribawi

An Arabic term (القرض الربوي) that denotes “interest-bearing loan” (riba-bearing qard). In other words, al-qard al-ribawi is a loan extended...

Mortgage Loan

A loan that is extended by a bank or financial institution to an individual or firm seeking to buy a...

Bridge Loan Financing

A temporary, short-term loan that is required to complete the purchase of a new property. This loan is usually made...

Lock-In Provision

A mechanism whereby a borrower can guarantee an interest rate on a loan would not move beyond a specific level...

Rate Lock

A mechanism whereby a borrower can guarantee an interest rate on a loan would not move beyond a specific level...