Auto LoansGAP
Guaranteed Asset Protection (GAP Insurance)
Auto insurance coverage that pays the difference between a vehicle’s actual cash value and the remaining loan balance after a total loss.
📚 Financial Knowledge Base
Financial Industry Glossary & Underwriting Guide
Master essential home mortgage, auto financing, interest rate, and underwriting terminology with interactive calculators, mathematical formulas, and practical lending guidelines.
Terms Starting With "G"
Showing 3 definitionsCredit & UnderwritingGRM
Gross Rent Multiplier (GRM)
A rapid first-pass real estate screening ratio that compares a rental property’s purchase price to its gross annual rental income before operating expenses.
Mortgages
General Warranty Deed vs. Quitclaim Deed
The legal real estate conveyance instruments used to transfer property ownership, distinguished by whether the seller guarantees clear title (Warranty Deed) or transfers title "as-is" with zero warranties (Quitclaim Deed).