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Use Bank of America's comprehensive mortgage terms glossary to get definitions of mortgage. The value of a property, established by a public tax assessor.
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List of mortgage- and finance-related terms and definitions.. provide another source of collateral, in addition to the property itself, to secure the mortgage loan.
The Federal Deposit Insurance Corporation (FDIC) is an independent agency created by the U.S. Congress to maintain stability and public confidence in the nation’s financial system by insuring deposits, examining and supervising financial institutions for safety and soundness and consumer protection, and managing receiverships.
Our glossary reviews the terms you need to know.. Mortgage Glossary.. Your bill will include the monthly loan principal and interest charge, property tax,
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The ditech Mortgage Glossary is your new mortgage dictionary.. An Adjustable Mortgage Loan, or AML, is a loan made on real estate where the interest rate.
A Complete Glossary: 50 Real Estate Terms from A to Z. Adjustable-rate mortgage (ARM): A mortgage loan with an interest rate that can.
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A mortgage condition that requires the balance of the loan to become due immediately if regular mortgage payments are not made or the property is sold.
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A group of words and definitions for the Mortgage Industry.. Mortgage Glossary.. Acceleration Clause search for term: A loan provision giving the lender the. Appraisal search for term: An opinion or estimate of the value of a property at a.
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