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| Mortgage Glossary |
This glossary is an extensive listing of real estate and mortgage terms that you can use as needed when doing business with Lexington Lending. To get started, click on the appropriate letter above for a listing of all the terms that begin with that letter. Then, locate the word you are looking for.
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Underwriting
The process of evaluating a loan application to determine the risk involved for the lender. Underwriting involves an analysis of the borrower's creditworthiness and the quality of the property itself.
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Unsecured Loan
A loan that is not backed by collateral.
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