Banking Terms P

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package mortgage
paid up
parallel loan
partial release
partially amortized loan
participation
participation certificate
participation loan
passbook
past-due balance method
paydown
penalty
personal guarantee
personal identification number
personal interest
piggyback loan
pin
piti
pmi
point
points
policy loan
pool factor
positive carry
positive yield curve
postdate
predatory lending
preferred debt
preforeclosure sale
prepaid interest
prepayment
prepayment penalty
prepayment privilege
prepayment risk
prequalification
prime
prime accounts
prime rate
principal
principal amount
principal balance
principal risk
private banking
private debt
private mortgage insurance
proceeds
projected maturity date
promissory note
purchase-money mortgage

 

 

 

 

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