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Houston Mortgage > Glossary >
Mortgage > Z 1-10
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Zero-down-payment mortgage
A mortgage in which the buyer does not make a down payment and borrows the entire purchase price.
Zero-lot line
Placement of a house on a lot so that one wall is on the property boundary.
Zoning
Areas within a local government's jurisdiction in which certain types of land uses are allowed. For example, a zoning ordinance might permit houses but not factories in a neighborhood.
Zoning variance
An exception allowed in a zoning ordinance, granted case-by-case by local government.
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