Home > Glossary > Mortgage Acceleration Clause
Meaning / Definition of
Mortgage Acceleration Clause
Categories: Loan and Mortgage, Credit and Debt, Real Estate,
a clause allowing a lender, under certain circumstances, demand the entire balance of a loan is repaid in a lump sum. The acceleration clause is usually triggered if the home is sold, title to the property is changed, the loan is refinanced or the borrower defaults on a scheduled payment.
Featured term of the day
Definition / Meaning of
Special Mobile Equipment
Categories: Insurance,
removed
Most popular terms
1. Section 15 Declaration Of Incontestability2. Discrimination
3. Employee Retirement Income Security Act Section 510
4. Stowers Doctrine
5. Distribution
6. Audit Committee
7. Community Reinvestment Act Of 1977
8. Competence
9. Dilution
10. Employee Retirement Income Security Act Section 404(c)
Search a term
Browse by alphabet
| A | B | C | D | E | F | G |
| H | I | J | K | L | M | N |
| O | P | Q | R | S | T | U |
| V | W | X | Y | Z | # |
Browse by category
AccountingBanking
Bankruptcy Assistance
Bonds and Treasuries
Brokerages
Business and Management
Compliance and Governance
Credit and Debt
E-commerce
Economics
Estate Planning
Forex
Fraud
Fundamental Analysis
Futures
Global
Insurance
International Trade
Investing and Trading
Ipos
Legal
Loan and Mortgage
Mergers and Acquisitions
Mutual Funds
Operation and Production
Options
Patent
Personnel Management
Real Estate
Retirement and Pension
Statistics and Risk Management
Stocks
Strategies
Tax
Technical Analysis
Venture Capital