Here are the results for the letter c

Closed Mortgage

A mortgage that locks you into a specific payment schedule. A penalty usually applies if you repay the loan in full before the end of a closed term.

Closing Costs

Costs, in addition to the purchase price of a home, such as legal fees, transfer fees, and disbursements, that are payable on the closing date. Closing costs typically range from 2 to 4 percent of a home's selling price.

Condominium

The owner has title to a single unit, as well as a share in the common elements such as elevators or surrounding land.

Condominium Fee

A monthly common payment among owners which is allocated to pay expenses.

Conventional Mortgage

A mortgage loan issued for up to 80 percent of the property's appraised value or purchase price, whichever is less.

Cooperative Ownership

In the cooperative form of ownership, each owner owns a share in a company or cooperative venture, which, in turn, owns a property containing a number of housing units. Each shareholder is assigned one particular unit in which to reside.