The amount of profit a property generates. …
Remaining Term
The original loan term minus the number of payments made. …
Rent Loss Insurance
A policy that covers any loss of rent or rental value in the event that fire or other damage renders the property uninhabitable. …
Renter’s Insurance
A policy for renters that covers the replacement value of possessions. …
Repayment Plan
When a borrower falls behind in mortgage payments, many lenders will negotiate a repayment plan rather than go to court. …
Replacement Cost
The current cost of rebuilding a structure to its original specifications. …