A cash gift a buyer receives from a relative or other source. Lenders usually require a "gift letter" stating that the money will not have to be repaid.
An estimate from an institutional lender that shows the costs a borrower will incur, including loan-processing charges and inspection fees.
A specified amount of time to make a loan payment after its due date without penalty.
A person conveyed an interest in a piece of property.
The person who conveys an interest in a piece of property to another person.
