Power of Attorney
An authority by which one person enables another to act [...]
Points
A point is equal to one percent of the principal [...]
Piggy Back Loan
Financing obtained, subordinate to the first mortgage, to facilitate closing [...]
P.U.D.
Planned Unit Development. Property owned as a group, where individuals [...]
P.I.T.I.
Principal, interest, taxes and insurance. The complete monthly cost associated [...]
P & L / Profit and Loss
A statement of a businesses gross income, cost of goods, [...]
P & I
Principal and Interest. This refers to the principal and interest [...]
