A voluntary obligation such as a mortgage or trust deed. …
Controlled Growth
Any restrictions imposed on the amount or type of new development in an area. …
Conventional Loan
A long-term loan a lender makes for the purchase of a home. …
Conventional Mortgage
A first mortgage granted by an institutional lender such as a bank or trust company, where the amount of the loan does not exceed 75% of the lending value of the property. …
Conversion
The exchange of personal or real property of one character for another. …
Convertible Adjustable-rate Mortgage
A mortgage which starts as an adjustable rate loan, but allows the borrower to convert the loan to a fixed-rate mortgage during a specified period of time. …
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