Definition
Survey
A drawing showing property boundaries, improvements, easements and encroachments.
Nearby terms
Streamline Refinance
A simplified refinance for existing FHA, VA or USDA borrowers, typically with reduced documentation and often no appraisal.
Subordination
An agreement in which an existing lienholder accepts a lower priority position, commonly required when refinancing a first mortgage behind an existing HELOC.
Tax Lien
A claim by a taxing authority for unpaid taxes, which generally takes priority over a mortgage.
Title
The legal right of ownership in real property, as distinct from the deed, which is the document transferring it.
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