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APPLICATION & OTHER FORMS

MORTGAGE TERMS

Adjustable Rate Mortgage (ARM)

Amortization

Annual percentage rate (A.P.R.)

Appraisal

Balloon (payment) mortgage

Buy-down

Caps (interest)

Conventional Loan

Credit Report

Debt-to-Income Ratio

Deed of Trust

Down Payment

Equal Credit Opportunity Act (ECOA)

Equity

Escrow

FSBO

Hazard Insurance

H.A.R.P.

HELOC (Home Equity Line of Credit)

Impound

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