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GLOSSARY

GLOSSARY TERMS by Alpha
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Consolidation Loans
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Call Option
Cancellation
Cap
Capital
Capital Markets
Capitalization
Cash Flow
Cash reserve
Cash-out refinance
Casual Purchase
CCJ
Certificate of deposit
Certificate of Eligibility
Certificate of Reasonable Value (CRV)
Certificate of Title
Certificate of veteran status
Closing
Closing costs
Co-maker
Coinsurance
Collateral
Commercial Finance
Commission
Commitment
Community Land Trust Mortgage Option
Community property
Compound Interest
Construction loan
Contingency
Contract
Contract sale or deed:
Conventional loan, or Conventional mortgage
Convertible ARM
Cooperative (Co-op)
Cost of funds index (COFI)
Credit bureau
Credit Card
Credit history
Credit life insurance
Credit Profile
Credit report
Credit report
Credit score
Current Asset
Current Liability
Current Ratio

Certificate of veteran status

The document given to veterans or reservists who have served 90 days of continuous active duty (including training time) It may be obtained by sending DD 214 to the local VA office with form 26-8261a (request for certificate of veteran status. This document enables veterans to obtain lower down payments on certain FHA insured loans).

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