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Mortgage Glossary

Affordable Seconds
Subsidized secondary financing or other financial assistance provided under an established, documented secondary financing or financial assistance program that has formal procedures in place to provide applicant qualification, loan processing, and loan program administration on an ongoing basis.

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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