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| Home Insurance Glossary
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Confused in the Home Loan jargon? Our glossary
will help you in understanding the basic loan related terms.
Browse through the glossary or serach for a term through the
menu to resolve any doubts.
Glossary of Home insurance
terms
T
Tenancy by the entirety
A type of joint tenancy of property that provides right of
survivorship and is available only to a husband and wife.
Contrast with tenancy in common.
Third-party origination
A process by which a lender uses another party to completely
or partially originate, process, underwrite, close, fund,
or package the mortgages it plans to deliver to the secondary
mortgage market. See mortgage broker.
Title
A legal document evidencing a person's right to or ownership
of a property.
Tort
A wrongful act which results in injury or damage and on
which a civil action may be based.
Total expense ratio
Total obligations as a percentage of gross monthly income.
The total expense ratio includes monthly housing expenses
plus other monthly debts.
Trustee
A fiduciary who holds or controls property for the benefit
of another
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