September 23rd, 2010
General Membership Meeting

October 21st, 2010
Fall Social Event with Coat Drive

Dictionary

acceleration clause

A clause in your mortgage which allows the lender to demand payment of the outstanding loan balance for various reasons. The most common reasons for accelerating a loan are if the borrower defaults on the loan or transfers title to another individual without informing the lender.

Last Updated: September 8th, 2010 at 7:21 AM Translate: Spanish French German Italian Portuguese Chinese (Simplified) Japanese Korean Russian