Home        Rates        Glossary        Downloadable Forms
LOAN TYPES

For a full list and description of available loan types click below.
Available Loan Types
PROPERTY TYPES

For a full list and description of eligible property types click below.
Eligible Property Types
 
 

GLOSSARY
| A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | V | W | X | Y | Z | ALL |
Yield Maintenance
The prepayment premium, which will equal the present day value of any costs to the lender resulting from the difference in interest rates between the date of the note and the date on which the prepayment is made. In other words, the borrower must pay the lender enough money so that the lender can theoretically replace the loan’s future cash flows using Treasury Securities.
| A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | V | W | X | Y | Z | ALL |
 

 
 
Home    Rates    Glossary    Downloads    Loan Types    Property Types    Brokers    Contact
Summit Financial and Investment Group | 10421 South Jordan Gateway Suite #600 | South Jordan, UT 84095 | 801-944-4320 | e-mail
Copyright © Summit Financial and Investment Group, LLC 2018. All rights reserved. Web design by Santek Online