Mortgage Terms

18 07, 2016

Common Mortgage Words and Terms

By | 2016-07-18T13:00:22+00:00 July 18th, 2016|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 [...]