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LEASEBACK BENEFITS
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It's all about the numbers: A financial example of a leaseback
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Terms
EQUITY
TITLE COMPANY
LOAN-TO-VALUE
Lifetime Mortgage
Interest Only Lifetime Mortgage
ADJUSTABLE RATE MORTGAGE
FIXED RATE MORTGAGE
Reverse mortgage
Second mortgage
Roll-up Lifetime Mortgage
Drawdown lifetime mortgage
Flexible Lifetime Mortgage
INSPECTION/DUE DILIGENCE
EARNEST MONEY / ESCROW DEPOSIT
APPRAISAL
TITLE SEACH
Home Reversion Plans
Equity release
CLOSING
CLOSING AGENT / ESCROW AGENT
PURCHASE AND SALE CONTRACT
CLOSING COSTS
OFFER/COUNTER-OFFER
LEASEBACK
Home Equity Line of Credit (HELOC)
Sell and Leaseback
Short-Sale
Mortgage Release (Deed in Lieu of Foreclosure)
DEBT TO INCOME RATIO
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