Standard Operating Procedures

WHAT'S NEW?

Barbara Gallo 9 years ago

Are you thinking about buying a home but don't know an "ARM" from a "lien"?
Here's a short primer on Mortgage lingo to help.
Still confused? Call one of our real estate professionals to assist and educate you along the way.

Mortgage Lingo

Adjustable rate: An interest rate that that may change over the life of the loan. Appraisal: A report expressing the estimated value of a property based on a comparison of similar saleable properties. Assumable mortgage: A loan that can be transferred with...
Agent Login    |   Powered by Onjax Onjax Icon
OR
Already have Account?