"D" Listings - Mortgage Glossary
- Debt Service – Payments made on a commercial loan or real estate loan...
- Debt Service Coverage Ratio (DCR) – The ration of earnings (through rents received) to debt service...
- Debt-To-Income Ratio (DTI) – The ratio of an individual or company's total outstanding debt...
- Deed of Trust – The instrument used in many states that takes the place of a common law mortgage...
- Default – A failure to fulfill a duty or promise or to discharge an obligation...
- Defeasance – Usually, a clause in a mortgage that gives the mortgagor (the borrower or debtor) the right...
- Demographics – Specifics on the population of an area, broken down by factors such as age...
- Density – Number of people per square mile of area...
- Depreciation – Loss of value due to any cause such as physical deterioration...
- Depreciation Recaptures – A need to pay income taxes on depreciation taken...
- Discount Rate – The correlation between the dollars transmitted from a commercial or regular mortgage lender...
- Discounted Loan – A loan note that is sold before its maturity at a price that is less than the outstanding principal balance...
- Down Payment – Cash money paid immediately and directly to the seller of real estate investment property...
- Due Diligence – Responsibility to check things out thoroughly before signing a legal contract...
- Due-On-Sale Provision – A common acceleration clause that grants the lender the right to...
- Dun & Bradstreet – Established company that issues commercial credit ratings on the financial health...
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