Central Source Mortgage Banking Inc.

Z bond
The final class in a multiclass mortgage-backed security which receives no principal or interest until all other classes are retired.

Zero coupon bond
Long term commercial financing that defers all principal and interest payments until maturity.

Zero coupon mortgage
Long term commercial financing that defers all principal and interest payments until maturity.

Zero lot line
The positioning of a structure on a lot so that one side rests directly on the lot's boundary line. Although such construction is usually prohibited by setback ordinances, it can be a part of a special space-conserving project.

Zoning
The creation of districts by local governments in which specific types of property uses are authorized.

Equal Housing Lender