Search Glossary:
  • Glossary Terms
  • Categories All Categories
    • All Categories
    • Home Loan
    • Credit
    • Refinance
    • Mortgage
    • Home Equity
    • FHA Loan
    • Auto Loans
    • Credit Repair
    • Personal Loan
    • Debt Consolidation
    • Reverse Mortgage
    • Auto Refinance
    • Credit Scores
    • Student Loan
    • Business Loan
    • Student Loan Refinance
    • RV Loans
    • Motorcycle Loans
    • Boat Loans
    • Powersport Loans
    • Pre Approval
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Acceleration Clause
Search by alphabetic

Acceleration Clause

A term in a mortgage agreement that requires the borrower to pay off the loan immediately under certain conditions.

More On Acceleration Clause

A term in a mortgage agreement that requires the borrower to pay off the loan immediately under certain conditions. For example, selling the home will trigger the acceleration clause of most mortgages. So does failing to make the required mortgage payments.