Mortgage Definitions - Glossary

Online Home Mortgage Logo
left curve right curve
Home Mortgage Resources - Don't be a victom of SCAM! Information on Home Buying, Financing, Refinancing.

NEED TO KNOW - MORTGAGE INFORMATION

Departments: 

online home mortgagemortgage forum



Home Buyers:

home buyingmortgage info

Home Owners:

home equityrefinancing

Additional Information:

avoiding scamscredit reportforecloseabout usgovernmentresourcesmortgage linksloan definitionsloan horror storiessitemapcontact us

SPIDER BITE
Symptoms and Treatment

 

I

Index. a measurement used by lenders to determine changes to the Interest rate charged on an adjustable rate mortgage.

Inflation: the number of dollars in circulation exceeds the amount of goods and services available for purchase; inflation results in a decrease in the dollar's value.

Interest: a fee charged for the use of money .

Interest rate: the amount of interest charged on a monthly loan payment; usually expressed as a percentage.

Insurance: protection against a specific loss over a period of time that is secured by the payment of a regularly scheduled premium.

J

Judgment: a legal decision; when requiring debt repayment, a judgment may include a property lien that secures the creditor's claim by providing a collateral source.

Return to MAIN MORTGAGE TERM GLOSSARY PAGE

What is a UAV Drone?

mortgage moving gif

HOME | FORUMS | HOME BUYING | MORTGAGE INFORMATION | HOME EQUITY | MORTGAGE REFINANCE | AVOIDING SCAMS | CREDIT REPORTS
FORECLOSURE | GOV HELP | ABOUT US | RESOURCES | LINKS | DEFINITIONS | HORROR STORIES | SITE MAP | CONTACT US

Copyright © 2003-13 online-home-mortgage.net. All Rights Reserved.