Glossary

Our Glossary provides definitions for several common terms you will likely encounter throughout the application and underwriting process.

Dexter Financial Glossary of Terms

Choose your glossary terms by clicking on the alphabetical index.

  • Fixed Rate

    An interest rate that remains constant over the term of the loan.

  • Floating Rate (Variable Rate)

    An interest rate that may change over the term of the loan.

  • Free-standing Building

    A building that typically has only one tenant.