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Mortgage Glossary

Affordable Product Type
Choice of loan determined under the Affordable Gold program. Indicates whether to submit the loan under the Affordable Gold program and, if so, which type of program.

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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