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Real Estate Glossary

What does Variable Interest Rate mean?

A variable interest rate is an interest rate that can change over time. This type of interest rate is often used in adjustable-rate mortgages (ARMs) or other types of loans where the interest rate is not fixed. With a variable interest rate, the interest rate can change based on a variety of factors, such as market conditions or changes in the lender's cost of funds. This means that the monthly payments on a loan with a variable interest rate can change over time, which can make budgeting for the loan more difficult.

Accelerated Cost Recovery System

Amortization Tables

Building Permit

Built-Ins

Closing

Creative Financing

Debt

Distressed Property

Encumbrance

Equal Credit Opportunity Act.

Initial Interest Rate

Investment Related Savings

Net Rentable Area

Patent Defect

Radon disclosure

Straight Sale

Trading Down

Underwriting

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Beycome Family of Companies: Beycome Mortgage LLC provides home loans; Beycome Brokerage Realty LLC, Beycome Brokerage Realty Inc., and Beycome of Florida LLC provide real estate services; Beycome Title of Florida LLC provides title insurance services. These are separate entities under Beycome Corp., each governed by its own management as required by law, but all owned by the same individuals, forming a business relationship.
Beycome Corp. holds real estate brokerage licenses in Multiple States: Beycome of Florida LLC is licensed in FL. Beycome Brokerage Realty Inc is licensed in CA. Beycome of Connecticut in CT. Beycome Brokerage Realty LLC is licensed in AL, GA, IL, IN, MI, MN, NC, OH, SC, TN and TX.
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IDX© information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate.

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Artur

Real Estate Assistant