... for a portion of the rent to be 1 86 GLOSSARYunsecured loan A loan without collateral. A credit card is an example of a loan without collateral. Also known as a “signature” loan. VA loan A ... seller makes a guarantee or warranty that title is marketable and will defend all claims against it. wraparound mortgage A mortgage that is subordinate to and incorporates the terms of an underlying ... income approach, 8, 57–58 market data approach, 57 ARM loans, 46 48 Assignment, 100–101 Assumable mortgages, owner financing and, 117–18 Auctions, 18, 86 B Back-end ratio, 26 Bacon, Francis,...