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The process of analyzing a borrower's capability
to honor repayment of a loan (evaluating his or her credit, assets, employment)
along with the value of the property being purchased, to help minimize the risk
involved for the party lending the purchase money
Unilateral contract
A one-sided contract in which only one party is
legally under obligation by the terms of the contract; one party promises an
action to the second party, who is not legally required to respond, but if the
second part does comply, then the first party is obligated to honor the promise
made
Unsecured loan
A loan that is not guaranteed by
collateral
Usury
The act of charging more than the maximum rate
of interest permitted by law
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The Philadelphia Suburbs are a wonderful place to live with so much to offer.
Mickey Mignot is owner of one of the top Realty Executives offices in the suburbs of Philadelphia. Mickey is also one of the top agents in the area specializing in relocation, buyer representation, seller representation and providing after sale service to her past clients. Over 97% of Mickey's business is derived from referrals from her past clients and fellow realtors. That is a testimonial to her dedication to the success of her real estate practice. Mickey Mignot understands family, cares about your needs and is always working for you. Mickey is dedicated to meeting your needs, every step of the way.
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