Home Loan Lender and Borrower Definitions

The subsequent list of mortgage glossary numeral, acronym, word, and phrase definitions offer a reliable resource for referencing terms encountered within a home loan application or during the management of personal finances.

  • #203(b) through 203(k)
  • A"A" Loan through Average Price
  • B"B" Loan through Buy Down
  • C"C" Loan through Creditworthiness
  • DDebtor through Duration
  • EEarnest Money through Exclusive Listing
  • FFICO Score through Front End Ratio
  • GGSE through Guaranty Fee
  • HHECM (Reverse Mortgage) through HVAC
  • IIndemnification through Insurance
  • JJoint Tenancy through Jumbo Loan
  • LLate Payment Charges through Loss Mitigation
  • MMandatory Delivery Commitment through MLS
  • NNational Credit Repositories through Notary Public
  • OOffer through Owner’s Policy
  • PPITI through Purchase Offer
  • QQualifying Ratios through Quitclaim Deed
  • RRESPA through Risk Scoring
  • SSale Leaseback through Sweat Equity
  • TThird Party Origination through Trustee
  • UUnderwriting through Up Front Charges
  • VVA through Vested
  • WWalk Through through Warranty Deed
  • ZZoning