Commercial Mortgage Glossary
- Acceleration Clause
- Adjustable Rate Mortgage
- Adjustment Interval
- Amortization
- Apartments
- Annual Percentage Rate
- ARM
- Assisted Care Facility
- Balloon
- Bare Land
- Basis Points
- BPS
- Bridge Loan
- Cap
- Capitalization Rate (Cap Rate)
- Carveout
- Carry-Back
- Cash-on-Cash Return
- Church
- CLTV
- Combined Loan-To-Value Ratio
- Condominiums
- Construction-to-Perm Loan
- Conventional Loan
- Convertible ARM Mortgage
- DCR
- Debt Coverage Ratio
- Declining Balance
- Deed
- Default
- Defeasance Clause
- Development Loan
- Distribution
- Down Payment
- DSCR
- Equity
- Equity Loan
- Fannie Mae
- FHA
- Financial Lien Position
- Fixed-Rated Mortgage
- Flex-Space
- Freddie Mac
- Free Standing Retail
- GRM
- Gas Station
- Gross Rent Multiplier
- Guaranty
- Hard Money
- Hazard Insurance
- Heavy Industrial
- Hospital
- Hotel
- Index
- Industrial
- Interest
- Internal Rate of Return
- IRR
- Land Development Loan
- LIBOR
- Light Industrial
- Light Manufacturing
- Lien
- Loan-to-Value Ratio
- Lock Out
- Loss-Payee
- MAI Appraisal
- Manufactured Housing Park
- Margin
- Mezzanine
- Mini-Perm
- Mini-Storage
- Mixed Use
- Mobile Home Park
- Modified Internal Rate of Return (MIRR)
- Mortgage
- Mortgagee
- Mortgagor
- Negative Amortization
- Net Operating Income
- Net Present Value
- NOI
- Non-Recourse
- Nursing Home
- Office Building
- Origination Fee
- Outlet Mall
- Office Over Retail
- Payment Cap
- Personal Recourse
- Points (loan discount points)
- Position
- Pre-Payment Penalty
- Prime Rate
- Principal
- Private Money Loan
- Purchase Loan
- Raw Land
- Refinance
- Restaurant
- Residential over Retail
- Retail Building
- SBA Loan
- Self Storage
- Shopping Mall
- Single Use
- Special Purpose Property
- Strip Center
- Sub-Prime Loan
- Subdivision
- Subordinate (Subordinate Financial Lien Position)
- Subordinate Loan
- Title
- Title Insurance
- Underwriting
- Warehouse
- Yield Maintenance