Search All MLS Listings at ONE address...
 
Birmingham MLS Listings
Homes For Sale Mobile Al
New Homes For Sale Huntsville Al
 
 


acceleration clause Print E-mail
Wednesday, 19 March 2008

A clause in your mortgage which allows the lender to demand payment of the outstanding loan balance for various reasons. The most common reasons for accelerating a loan are if the borrower defaults on the loan or transfers title to another individual without informing the lender

 
< Prev   Next >

For Questions about our site Click Here to Text Message AND E-mail an Agent! for IMMEDIATE response.