A mortgage rate lock can reduce financial uncertainty in the home purchase process ... An interest rate lock agreement will include the rate, the type of loan (such as a 30-year fixed-rate ...
An acceleration clause is a provision in a mortgage that allows the lender to require the full repayment of the loan early.
Buying a house without a mortgage usually means paying in cash, but there are a few less common alternative home financing options like rent-to-own and seller financing.