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Mortgage Glossary

Adjustment Interval
On an adjustable rate mortgage, the time between changes in the interest rate and/or monthly payment, usually one, three or five years.

Mortgage Glossary - A
1 year adjustable (ARM)

10 year adjustable (ARM)

2 year adjustable (ARM)

3 year adjustable (ARM)

5 year adjustable (ARM)

7 year adjustable (ARM)

Abstract (of Title)

Acceleration Clause

Adjustable Rate Mortgage (ARM)

Adjustment Interval

Affiliate

Affordable Gold 5

Affordable Gold 97

Affordable Product Type

Affordable Seconds

Agreement of Sale

Amortization

Annual Percentage Rate (APR)

Appraisal

Appraisal Fee

Appraiser network

Assessment Report

Assessment Upgrade

Asset

Assumable Mortgage

Assumption

Automated Underwriting

Mortgage Glossary Home




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