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.

Besides taking out a mortgage ... type of rent-to-own agreement: lease option or lease purchase. With a lease option, the renter is given the option to purchase the home once the lease expires ...