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100% LOAN
3.95% ARM
40-YEAR MORTGAGE

A
ACCELERATION CLAUSE
ACCRUED INTEREST
ADJUSTABLE RATE MORTGAGE
ADJUSTMENT INTERVAL
AGREEMENT OF SALE
ALTERNATIVE DOCUMENTATION
AMORTIZATION
AMORTIZATION SCHEDULE
APPLICATION
APPLICATION FEE
APPRAISAL
APPRAISAL FEE
APPRAISER
APPROVAL
APR
ARM
ASSUMABLE MORTGAGE
ASSUMPTION
AUTHORIZED USER

B
BACK-END FEE OR COMMISSION
BALANCE
BALLOON
BALLOON MORTGAGE
BIMONTHLY MORTGAGE
BIWEEKLY MORTGAGE
BORROWER
BRIDGE LOAN
BUY-DOWN
BUY-UP

C
CAP
CASH-OUT REFI
CHURNING
CLOSING
CLOSING COSTS
CO-BORROWERS
COFI
COLLATERAL
CONDOMINIUM
CONFORMING MORTGAGE
CONSTRUCTION FINANCING
CONTINGENCY
CONTRACT
CONTRACT KNAVERY
CONVERSION OPTION
CORRESPONDENT
CREDIT REPORT
CREDIT SCORE
CUMULATIVE INTEREST
CURRENT INDEX VALUE

D
DEED OF TRUST
DEPARTMENT OF VETERAN AFFAIRS
DOWN PAYMENT

E
EARNEST MONEY
EQUITY
ESCROW

F
FANNIE MAE
FHLMC
FIXED RATE MORTGAGE
FLOAT
FLOAT-DOWN
FNMA
FORECLOSURE
FREDDIE MAC

H
HAZARD INSURANCE
HOME EQUITY LOAN
HOMEBUYER PROTECTION PLAN
HOMEOWNERS ASSOCIATION
HOMEOWNERS INSURANCE
HOUSING EXPENSE

I
INTEREST ACCRUAL RATE
INTEREST RATE
INTEREST RATE CEILING
INVESTOR

    J
JUMBO MORTGAGE

L
LENDER
LIEN
LOAN
LOAN AMOUNT
LOAN-TO-VALUE RATIO
LOCK
LOCK COMMITMENT LETTER
LOCK-IN RATE
LVT

M
MANDATORY DISCLOSURE
MARGIN
MARKET VALUE
MATURITY
MONTHLY PAYMENT
MORTGAGE
MORTGAGE BROKER
MORTGAGE INSURANCE
MORTGAGE SCAMS

N
NEGATIVE POINTS
NET EFFECTIVE INCOME
NON-CONFORMING MORTGAGE

O
ONE-YEAR ADJUSTABLE
ORIGINATION FEE

P
PITI
PMI
POINT
POWER OF ATTORNEY
PRE-QUALIFICATION
PREPAYMENT
PREPAYMENT PENALTY
PRIME RATE
PRINCIPLE

Q
QUALIFYING RATIOS

R
RATE
REALTOR
REFERRAL FEES
REFI
REFINANCE
RESPA
RETAIL LENDER
RETAIL SALES INDEX
REVERSE MORTGAGE
RIGHT OF RESCISSION

S
SCHEDULED MORTGAGE PAYMENT
SECOND MORTGAGE
SERVICER
SETTLEMENT
SETTLEMENT COSTS

T
TEASER RATE
TITLE INSURANCE
TOTAL EXPENSE RATIO
TOTAL HOUSING EXPENSE

U
UNDERWRITING
UNDERWRITING REQUIREMENTS

V
VERIFICATION OF EMPLOYMENT

W
WAIVE ESCROWS
WHOLESALE LENDER
WRAPAROUND MORTGAGE

XYZ
YIELD

 
 

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