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GLOSSARY

 GLOSSARY TERMS by Alpha
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Auto Loans
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4. Lower My Bills
Consolidation Loans
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Term
Term Loan
Terms & Conditions
Time is of the essence
Title
Title 1
Title insurance
Title Search
Trade-in value
Transfer of Car
Transfer of ownership
Trust deed, or a Deed of trust
Truth-in-Lending
Two to four family property
Two-step mortgage

Title 1

An FHA-insured loan which enables a borrower to make renovations or repairs, but no luxury improvements, to their home. No property lien is required for Title 1 loans of less then $7,500.

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