Click on the financial term in the "Index of Terms" (below) to view it's definition. Index of Financial Terms

Acceleration Adjustable Rate Mortgage Amortization Appraisal Assumption Balloon Payment Basis Point Buydown Bridge Loan Cash Flow Certificate of Eligibility Closing Commitment Commitment Fee Conventional Loan Conversion Option Current Index Debt Ratio Default

Discount Buydown Discount Points Equity Escrow Account FHA Firm Commitment Fixed Rate Mortgage Foreclosure Gross Margin Hazard Insurance Income Ratio Index Interest Cap Interest Rate Buydown Lien Loan To Value Market Value Mortgage Insurance Premium Mortgagee

Mortgagor Negative Amortization Note Origination Fee Overall Interest Cap Payment Adjustment Period Points Prepayment Privilege Principal Private Mortgage Insurance Quit Claim Deed Refinance Satisfaction of Mortgage Second Mortgage Sweat Equity Title Insurance VA Loan Warehouse Fee Yield

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Steve Hatfield, Realtor^®
CENTURY 21 Curran & Christie
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