The written analysis of the status of title to real property, including a property description, names of titleholders and how title is held (joint tenancy, etc.), tax rate, encumbrances (mortgages, liens, deeds of trusts, recorded judgments), and real property taxes due.
The ratio of the amount of an individual's gross income that they spend monthly on debt service. This is usually represented as a percentage of their total gross monthly income.
An agency that researches the credit history of consumers so that creditors can make decisions about granting of loans
A score that is a quantification of a variety of factors in an individual's background, including a history of default, the current amount of debt, and the length of time that the individual has made purchases on credit.
An account created by a lender to represent debts where the outstanding balance does not have to be paid in full every month by the borrower to the lender. If the balance is not paid in full by the end of a monthly billing period, the remaining balance will roll over or "revolve" into the next month.
An enterprise, asset, etc., in which money is or can be invested
A process used by PNC to review the employment history of a borrower, to determine the borrower's job stability and cross-reference income history with what they stated on the application
A written statement by a qualified appraiser setting forth an opinion as to the market value of a property
Within in our company's geographic market presence
A way of performing or effecting something, involves a series of steps to be performed in a certain order, and provides supports that are compliant with a particular policy
A loan repaid with interest in equal periodic payments
Person who, with other individual (s), guarantees a financial commitment (such as repayment of a loan). These ___________ are not acceptable in Home Equity Lending.
Abbreviation of Home Equity Installment Loan
Codes that are used when a loan is approved or declined contrary to the system recommendation