Mortgage Glossary

Automated Underwriting
Automated underwriting is used to offer instant decisioning regarding your loan request. Automated underwriting is similar to instant offer service. You are usually required to provide additional information to the lender to close your loan.

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

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