A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

V

VA guarantee	An insurance contract for which the Veterans Administration (VA) guarantees the lender's recovery of a designated percentage of the loan amount from the insurer in the event that the borrower defaults on the loan
VA loan, or Government mortgage	A mortgage loan available to qualified military veterans which is guaranteed by the Department of Veteran Affairs, usually offering either no down payment or a low down payment
Valuation	The estimated of value of a property
Variable rate mortgage, or Adjusted rate mortgage	A mortgage with interest rates that may fluctuate based on market conditions
Verification of Deposit	A statement signed by the borrower's financial institution that verifies the current balances in the borrower's accounts
Verification of Employment	A statement signed by the borrower's employer that verifies the borrower's current position and salary
Vest	To pass an immediate right on to a person
Vested	Having the right to withdraw a percentage of a fund before its agreed-upon maturity date; e.g., the percentage vested to individuals with retirement funds differs; if someone is 80% vested, that means they can only withdraw 80% of the funds set aside for them until its maturity
Department of Veterans Affairs (VA)	A federal agency that insures residential mortgages made to eligible military veterans, which thereby encourages loans being made to veterans

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

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Renee Apfelbeck Summit County For Sale 348 Lake Dillon Drive/PO Box 712 Dillon, CO 80435 Direct: 970-468-0737 Toll Free: 877-470-0918 Cell phone: 970-470-0918 Fax: 425-696-5252 Renee@SummitCounty4Sale.com Renee Apfelbeck offers you 16 years of personalized real estate experience with extensive knowledge in the Summit County Area, dealing primarily with luxury resort homes. I give each and every one of my clients the loyalty, professionalism, and personal care that you would want and expect. I love the Summit County area and I know it from the inside out. Working together, I promise that you will be delighted not only with the outcome we achieve, but the way we have achieved it. www.SummitCounty4Sale.com is brought to you by Renee Apfelbeck, real estate for Silverthorne, Frisco and Keystone, Colorado Read Renee Apfelbeck's Privacy Guarantee, Terms of Service, and Free & Without Obligation Pledge

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