Mortgage Information | Student Loans | Auto Loans
Mortgage and Loan Terms Glossary | Doc Loan Home
Free Loan Advice and Financial Information  
Browse by Letter

Loan and Mortgage Terms Glossary

Parity Clause:

A provision in a mortgage contract stating that all notes are equally secured and that no holder of the collateral will receive preferential treatment in the event of default or foreclosure.

Contact | Advertising Information | Other Resources

Copyright 2002-2006