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   ..:: Borrower Resources » Mortgage Dictionary ::..
Sunday, February 05, 2012    
 
Mortgage Dictionary
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 The Mortgage Dictionary is available to assist you with terms you may be unfamiliar with in the mortgage industry. We have provided the most commonly used terms. If you need assistance with a term or any other questions, please contact a loan officer or please send us an email and we'll be happy to assist.

Click on a term below to review its definition...
Adjustable Rate Mortgage (ARM)
Housing and Urban Development (HUD)
Amortization
Interest
Annual Percentage Rate (APR)
Jumbo Loans
Appraisal
Lien
Assessed Value
Loan to Value (LTV)
Balloon Payment
Lock-in
Broker
Lock-in-period
Buydown
Market Price
Cash-out Refinance
Market Value
Closing Costs
Mortgage
Conventional Loan
Origination Fee
Cosigner
Payoff
Discount Point
PITI
Down Payment
Point
Earnest Money
Pre-Payment Penalty
Equity
Pre-Qualification
Escrow
Principal
Fannie Mae
Private Mortgage Insurance (PMI)
FHA Mortgage
Purchase Price
FHA Mortgage Insurance
Qualifying Ratios
Finance Charge
RESPA
Fixed-Rate Mortgage
Title Insurance
Freddie Mac
Truth-in-Lending
Graduated Payment
Underwriting
Gross Income
VA Mortgage
Hazard Insurance
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