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Meaning / Definition of

Per Diem Interest

Categories: Loan and Mortgage, Credit and Debt, Real Estate,

Interest from the day of closing to the first day of the following month. In some cases, however, the borrower can get a credit at closing by making the first payment a month earlier. See Mortgage closing date: Does It Matter?

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Definition / Meaning of

Homeowners Policy Special Form 3 (HO 3)

Categories: Insurance,

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