Glossary
Welcome to our glossary section.
If you're looking for the definition of a particular finance term or phrase, you can look it up here in our loans glossary. If the term or phrase you're looking for isn't listed, please let us know and we'll make sure it gets included.
Non Status Home Loan
When a lender issues a mortgage and/or home loan, on the understanding that the borrower is unable prove such variables as income and previous repayment history.