Loan Dictionary - BU group - Build-up Rate, Buildable Acres, Builder Approval, Builder Buydown Loan, Builder Line, Builder Upgrades, Builder Warranty, Builder's Lien, Builder-financed Construction, Builder’s Risk Insurance

Business and Personal Finance Dictionary

BUILD-UP RATE - The discount or interest rate used in the selection of the capitalization rate for an i...
BUILDABLE ACRES - The area of land that is available to be built on after subtracting for roads, setbac...
BUILDER APPROVAL - The approval of your builder based on his/her qualifications
BUILDER BUYDOWN LOAN - A mortgage loan on newly developed property that the builder subsidizes during t...
BUILDER LINE - A line of credit obtained from a building supply store.
BUILDER UPGRADES - Refined features or materials that a builder offers for an extra charge.
BUILDER WARRANTY - An enforceable guarantee of the quality of construction given by a builder or develo...
BUILDER'S LIEN - The action that a supplier of goods or services, in respect of construction, can take ...
BUILDER-FINANCED CONSTRUCTION - Having the builder finance the construction.
BUILDER’S RISK INSURANCE - Insurance covering perils resulting in loss caused by the builder's operatio...