Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. An acceleration clause is a contract provision that allows a lender to require a borrower to ...
It’s no secret that the double whammy of inflation and high interest rates continues to hurt Americans’ finances. Further compounding the issue, an Insurify survey found that “homeowners will again ...
An acceleration clause allows a mortgage lender to demand full repayment of the loan if certain conditions are not met. This clause protects against missed payments, violations of loan terms, or ...
When buying or selling a home, real estate contracts include clauses or designated sections in purchase or financing agreements. Each clause is important, but there are four primary clauses that ...
An alienation clause is common in mortgages, giving a mortgage lender the right to request full and immediate loan repayment when the home is sold or transferred. The Garn-St. Germain Act of 1982 ...
An alienation clause, commonly referred to as a due-on-sale clause, is a clause in your mortgage contract that requires you to pay the remaining mortgage balance at the sale or transfer of the home.