Definitions by uabaycat09

Joan Loan 

A Joan loan, also known as a jumbo mortgage, is a type of financing that exceeds the limits set by the Federal Housing Finance Agency (FHFA). Unlike conventional mortgages, a Joan loan is not eligible to be purchased, guaranteed, or securitized by Fannie Mae or Freddie Mac therefore typically requires backing via connections to private equity whether direct or indirect.

Designed to finance luxury properties and homes in highly competitive local real estate markets, joan mortgages come with unique underwriting requirements and tax implications. These kinds of mortgages gained traction as the housing market recovered following the Great Recession.

This typically results in an over-leveraged person or business as theyve’ve borrowed too much money in relation to their ability to pay it back: When prices collapsed, many over-leveraged people went bankrupt.

Hey honey, look at this house. It’s a bit out of price range now, but we can apply for a Joan loan and “afford” this beautiful home.

Joan Loan by uabaycat09 July 23, 2023

We 

Everybody but me.

“We should work on providing a formal response to the Board. Let me know when you get it done.”

We by uabaycat09 June 2, 2021

Voter Dwelling Units 

Typical infill real estate development found in nearly all large cities. This is seen where a classic residential house/lot is scraped off and replaced with multi-family development. This is a strategy to densify the voter roll.

Look how many Voter Dwelling Units (VDUs) are going up in this neighborhood honey. They’re just jamming voters into VDUs now.

Voter Dwelling Units by uabaycat09 October 10, 2020

flow fucker 

someone who cuts other people waiting in line is one who fucks with the flow of a line.

Hey flow fucker, you just cut all 8 of us in line. You just fucked with the flow of this line.

flow fucker by uabaycat09 May 7, 2020

Busted

To be uninteresting, boring, lame, or a dud.

Tucson’s Busted yo!

Busted by uabaycat09 August 29, 2018

Hoe'n

What girls do when they go club'n and or participate in a "girls' night out". The act of engaging in a gender-exclusive activity where women meet to engage in social activities.

"Hey girlfriend, we goin' hoe'n tonight!"

Hoe'n by uabaycat09 October 23, 2013