Base for a slab, driveway or path, made of compacted gravel or aggregate, so that it is able to change shape when the soil moves, preventing the slab from cracking.
Flexible connector
A braided hose that connects a faucet or toilet to the water supply stop valve. Serves as a riser but is much more flexible and easier to install. Usually stainless steel or PVC/Polyester reinforced hose.
Flexible hacksaw blade
Saw blade that is hardened only on the tooth portion so that the teeth remain sharp but the blade itself is flexible.
Flexible loan insurance program (flip)
A graduated payment mortgage (GMP) developed to overcome the negative amortization aspects of the GMP. The buyer's own down payment is deposited in a pledged, interest-bearing account, where it is used as both cash collateral and a source of supplemental payments during the initial years of the loan. During this time, predetermined amounts are withdrawn, by the lender, from the savings account and added to the borrower's reduced payment, making a full mortgage payment. Decreasing every month, it disappears at the end of a predetermined period. Using this type of program is likely to make a borrower able to qualify for a larger loan than with a conventional fully-amortized mortgage.
Flexible metal conduit
Also called Greenfield conduit, this flexible, protective tubing is made from spiral-wound metal.
Flexible payment mortgage
Loan allowing the borrower to pay only the interest for the first few years of the loan.
Flexible rate mortgage (frm)
Mortgage with an interest rate that changes based on certain events, such as changes in the prime rate
