Definition
Chain of Title
The sequence of recorded ownership transfers for a property, from the earliest record to the present owner.
Nearby terms
Cash-Out Refinance
Replacing an existing mortgage with a larger one and receiving the difference in cash.
Certificate of Eligibility
The VA document confirming a borrower's entitlement to VA loan benefits.
Closing Costs
All fees and charges payable at closing beyond the down payment, including loan costs, title, government charges, prepaids and escrow reserves.
Closing Disclosure
The five-page federal form detailing final loan terms and costs, required at least three business days before consummation.
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