Preapproval: A higher degree of buyer/debtor prequalification required by a mortgage lender. Some preapprovals have conditions the debtor must meet.

Prepaid interest: Funds paid by the borrower at closing predicated on the number of days remaining in the month of closing.

Prepayment penalty: A fine imposed on the…

Preapproval: A higher level of buyer/borrower prequalification required by a mortgage lender. Some preapprovals have circumstances the borrower must meet.

Prepaid interest: Funds paid by the borrower at closing predicated on the amount of days left in the month of closing.

Prepayment penalty: An excellent imposed on the debtor by the…

Preapproval: A higher degree of buyer/borrower prequalification required by a mortgage loan provider. Some preapprovals have conditions the customer must meet.

Prepaid interest: Funds paid by the debtor at closing predicated on the amount of days remaining in the month of closing.

Prepayment penalty: A fine imposed on the debtor by…