Principal limit
Definition
The present value of a house, given the elderly owner's right to live there until death or voluntary move-out, under the FHA reverse mortgage program
Related Terms Other terms related to 'Principal limit' starting with the letter 'P' Payment period, Pre approval, Processing, Payoff month, Predatory lending Browse by Letter » 1 4 A B C D E F G H I J L M N O P Q R S T U V W Y | 