A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

V

VA guarantee	An insurance contract for which the Veterans Administration (VA) guarantees the lender's recovery of a designated percentage of the loan amount from the insurer in the event that the borrower defaults on the loan
VA loan, or Government mortgage	A mortgage loan available to qualified military veterans which is guaranteed by the Department of Veteran Affairs, usually offering either no down payment or a low down payment
Valuation	The estimated of value of a property
Variable rate mortgage, or Adjusted rate mortgage	A mortgage with interest rates that may fluctuate based on market conditions
Verification of Deposit	A statement signed by the borrower's financial institution that verifies the current balances in the borrower's accounts
Verification of Employment	A statement signed by the borrower's employer that verifies the borrower's current position and salary
Vest	To pass an immediate right on to a person
Vested	Having the right to withdraw a percentage of a fund before its agreed-upon maturity date; e.g., the percentage vested to individuals with retirement funds differs; if someone is 80% vested, that means they can only withdraw 80% of the funds set aside for them until its maturity
Department of Veterans Affairs (VA)	A federal agency that insures residential mortgages made to eligible military veterans, which thereby encourages loans being made to veterans

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Jane Lee Team RE/MAX Top Performers 210 N. Waukegan Road Lake Bluff, IL 60044 Direct Office: 847-295-1455 Direct Fax: 847-295-0801 Main Office: 847-295-0800 E-mail: Leads@JaneLeeHomes.com The Jane Lee Team assists their clients by focusing on these seven priorities: 1. Providing Quality Service 2. Meaningful Communication 3. Addressing the Customer's Individual Needs 4. Providing Professional Advice 5. Delivering a Successful Market Plan through Innovation 6. Team Work 7. Continual Professionalism. Legal Disclaimer - No Liability: RE/MAX Top Performers, Jane Lee, Jane Lee Team, its agents or employees shall not be held liable to anyone for any errors, omissions or inaccuracies under any circumstances. The entire risk for utilizing the information contained on this website or linked to this website, rests solely with the users of this website. The information is subject to inspection and verification by all parties relying on it. No liability for its accuracy/inaccuracy, errors, or omissions is assumed by the sellers or their agents. These listings may be withdrawn or modified without notice at any time. Information Not Warranted or Guaranteed: The official Jane Lee Homes website and all pages linked to it or from it, are PROVIDED ON AN "AS IS, AS AVAILABLE" BASIS. Jane Lee Home - Jane Lee MAKES NO WARRANTIES, EXPRESSED OR IMPLIED, INCLUDING, WITHOUT LIMITATION, THOSE OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE, WITH RESPECT TO ANY INFORMATION OR USE OF INFORMATION CONTAINED IN THE WEBSITE, OR LINKED FROM IT OR TO IT.

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