Term Remaining
For each loan there is a minimum term and maximum term. The “Term Remaining” is the borrower’s deadline to repay their loan. Investors should be prepared to commit their funds for the whole duration of the loan. However, borrowers do also sometimes pay back early.
Title
The legal basis of the ownership of property.
Title Insurance
Insurance obtained against unknown but existing title defects.
Tranche (Loan)
“Tranche” defines the level of risk and return for each individual loan. Tranches are segments of the same loan.