Mortgage Terms

19 10, 2022

What Is Mortgage Pre-Approval?

By ssheltonTN|2022-10-19T13:50:57+00:00October 19th, 2022|Mortgage Terms, Pre-Approval, Uncategorized|0 Comments

You’ve been perusing local listings and see that your dream home is for sale. You attend an open house and it’s even better than you expected. Excitedly, you call the realtor and ask to make an offer. The realtor informs you that you’re unable to make an offer without mortgage [...]

18 01, 2021

Common Mortgage Words and Terms

By ssheltonTN|2021-01-19T15:03:13+00:00January 18th, 2021|Mortgage Terms, Uncategorized|0 Comments

Unfamiliar vocabulary can make interpreting mortgage forms difficult. Here you will find most of the terms mortgage lenders use. You can refer back to this glossary whenever you need help determining the meaning of mortgage terminology. 1. Adjustable-rate mortgage, or ARM -- A home loan in which the interest rate [...]