Mortgages & Financing

Mortgages and financing is how buyers pay for property over time. It covers loan types, interest rates, down payments, points, amortization, refinancing, and the underwriting that decides who qualifies for a loan.

317 terms in Mortgages & Financing.

All Mortgages & Financing terms

• Modification
• Modified Annual Percentage Rate (APR)
• Money Market Account
• Mortgage
• Mortgage Acceleration Clause
• Mortgage Banker
• Mortgage Broker
• Mortgage Insurance
• Mortgage Life Insurance
• Mortgage-Interest Deduction
• Mortgagor
• Multifamily Mortgage
• National Council of State Housing Agencies (NCSHA)
• National Foundation for Consumer Credit
• National Mortgage Licensing System (NMLS)
• Negative Amortization
• Net Worth
• No-Cash-Out Refinance
• No-Documentation Loan
• Non-Conforming Loan
• Nonassumption Clause
• Nonrecurring Closing Costs
• Note
• Note Rate
• Open Mortgage
• Original Principal Balance
• Origination Fee
• Owner Financing
• Payment Cap
• Per-Diem Interest
• Point
• Portability
• Portfolio Lender
• Pre-Approval
• Pre-Approval Letter
• Prepaid Fees
• Prepaid Interest
• Prepayment Clause
• Prepayment Penalty
• Prequalification
• Prime Lending Rate
• Principal
• Principal and Interest
• Principal Paid Over Life of Loan
• Principal, Interest, Taxes and Insurance (PITI)
• Private Mortgage Insurance (PMI)
• Processing Fee
• Property Tax Deduction
• Purchase-Money Mortgage (PMM)
• Qualifying Ratio