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Mortgage Glossary
Definitions and explainations of mortgage terminology.
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Item Title
Freddie Mac (FHLMC)
Good Faith Estimate (GFE)
Government Sponsored Entities (GSE)
Hazard Insurance
HUD-1
Interest Only Mortgage
ITIN Mortgage
Jumbo Loan
LIBOR - London Inter-Bank Offer Rate
Loan to Value Ratio (LTV)
Lock or Lock In
Mortgage Fraud
Mortgage Insurance (MIP or PMI)
Mortgage-Backed Security (MBS)
Negative Amortization
Origination Fee
Payment Option ARM
PITI
Points (or Discount Points)
Prepayment Penalty
 
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