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LendingRisk.com Mortage Industry Dictionary

Terminology, definitions, terms, explanations, and documents for business professionals in the mortgage lending and mortgage risk management industries.

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Town House

A residential property where the dwelling normally has two or more floors and is linked together in a daisy chain with other similar dwellings. Town houses are referred to as Terrace Homes in some housing markets. For reporting purposes these property types are considered "Attached".

See Attached (Property Type)
See Mortgage Loan Property Types

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Terminology, definitions, terms, explanations, and documents for business professionals in the mortgage lending and mortgage risk management industries.