Energy Efficient Mortgage (EEM)

Business / Real Estate / Energy Efficient Mortgage (EEM): A home mortgage in which the qualifying debt-to-income and housing expense-to-income ratios have been increased by 2% because the home meets or exceeds model standards for energy efficiency.

Other Words for Efficient

Efficient Noun Synonyms: unwasteful, economic, thrifty, effective, efficacious, effectual, competent, productive, proficient, operative
MORE

Other Words for Energy

Energy Verb Synonyms: vitality, forcefulness, vivacity, liveliness, vigor, animation, spirit, force, dynamism, drive, verve, dash, intensity, power, determination, puissance, strength, might, pep, vim and vigor, stick-to-it-iveness, get-up-and-go, zip, zing
MORE

Mortgage Rate

Business / Finance / Mortgage Rate: The interest rate on a mortgage loan. MORE

Mortgage REIT

Business / Finance / Mortgage REIT: An REIT that invests in loans secured by real estate that derives income from mortgage interest and fees. MORE

Mortgage Revenue Bonds

Business / Real Estate / Mortgage Revenue Bonds: A type of tax-exempt industrial development bond offered by state and local governments through their housing financing agencies. MORE

Mortgage Servicing

Business / Finance / Mortgage Servicing: The collection of monthly payments and penalties, record keeping, payment of insurance and taxes, and possible settlement of default, involved with a mortgage loan. MORE

Mortgage Protection

Business / Debt / Mortgage Protection: Term assurance to cover the repayment of a mortgage in the event of the death of the mortgagor during the period of the loan.In the case of a repayment mortgage the capital sum outstanding is graduall MORE

Mortgage Pool

Business / Finance / Mortgage Pool: A group of mortgages with similar class, interest rate, and maturity characteristics. MORE

Links
Home
Glossary
Thesaurus