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Glossary of Terms > M > MULTI-FAMILY HOME

MULTI-FAMILY HOME

A property that consists of a structure providing living space (dwelling units) for two to four families, although ownership of the structure is evidenced by a single deed. Often times, the owner will reside in one unit while renting out the others to help defray the cost of the mortgage.

M Terms

MATURITY

MEDIAN PRICE

MILL RATE

MIXED-USE

MODIFICATION

MORTGAGE

MORTGAGE BROKER

MORTGAGE INSURANCE (MI)

MORTGAGE LIFE / DISABILITY INSURANCE

MORTGAGEE

MORTGAGOR

MULTI-FAMILY HOME

MULTIPLE LISTING SERVICE