The primary mortgage on a property. The first mortgage takes priority over all other voluntary liens. …
Flood Insurance
Hazard coverage that is required in designated flood areas. …
Fixed Installment
The monthly payment on a home loan. …
Flood Plain
Flat, flood-prone areas located along waterways. …
Fixed Time
The specific weeks in a year that an owner of a timeshare arrangement has access to accommodations. …
Fixed-rate Mortgage
A home loan with an interest rate that will remain at a specific rate for the term of the loan. About 75 percent of all home mortgages have fixed rates. …