How do I get accepted with flying colors? How to present yourself in the best possible light to the lender

In this section we will explain how lenders rate you and how you can be more appealing to lenders when applying for a mortgage.
   
  Glossary - Banking
 

Account
Account Aggregation
Account Balance
Account Reconciliation
Account Statement
ACH
Active Account
Adjustable Rate
Adjusted Balance Method
Agent Bank
Alternate Account
Asset Management Account
ATM
Automated Clearing House
Automated Teller Machine
Availability Float
Average Daily Balance
Average Daily Balance Method
Bank Credit
Bank Discount
Bank Draft
Bank Holding Company
Bank Holiday
Bank Reconciliation
Bank Trust Department
Banking
Banking Firewall
Banking Float
Barren Money
Billing Cycle
Blank Check
Blank Endorsement
Bounced Check
Brokered Certificate of Deposit
Cancelled Check
Capital Requirement
Cash Reserves
Cashier's Check
CD
Central Assets Account
Central Bank
Certificate of Authority
Certificate of Deposit
Certified Check
Checkbook Register
Checking Account
Clearance Time
Cleared Date
Clearinghouse Funds
Compensating Balance
Consumer Bank
Continuous Compounding
Correspondent Bank
Credit Card
Credit Union
Current Income
Custodial Account
Custodian
Customer Not Present
Date Draft
Debit Card
Debt Instrument
Demand Deposit
Deposit
Deposit in Transit
Deposit Multiplier
Deposit Slip
Depository
Direct Deposit
Direct Sends
Discrete Compounding
Disintermediation
Draft
Drawee
Drawer
Drawing Account
Effective Annual Interest Rate
EFT
Electronic Funds Transfer
Eurodollar CD
Exact Interest
Excess Reserves
FDIC
Fed Funds
Fed Funds Rate
Federal Deposit Insurance Corporation
Federal Funds
Federal Funds Rate
Federal Savings and Loan Association
Float
Frozen Account
FSLA
Inactive Account
Insured Account
Insured Account
Jumbo Certificate of Deposit
Lender of Last Resort
Letter of Credit
Loan-Deposit Ratio
Long Position
Money Center Bank
Money Order
Mutual Association
Mutual Savings Bank
National Bank
National Credit Union Administration
NCUA
Near Money
Negotiable Certificate of Deposit
Nostro Account
Office of Thrift Supervision
OTS
Overdraft
Pan-European ACH
Previous Balance Method
Reserve Requirement
Reset Frequency
Rubber Check
Short-Term Reserves
Signature Guarantee
Time Deposit
Uncollected Funds
Wire Transfer

Clearance Time

The clearance time is the time interval between a check payment request and the actual crediting of funds to the depositors account after the clearance of the check.

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