Mortgage Terms Adjustable Rate Amortization Annual Membership Annual Percentage Rate Application Application Fee Appraisal Assumption of Mortgage Balloon Payment Cap Cash Out Ceiling Closing Costs Conforming Loan Contract of Sale Credit Limit Debt Service Deed of Trust Discount Points Down Payment Due on Sale Effective Interest Rate Encumbrance Equity FHA Loan First Mortgage Fixed Rate Good Faith Estimate Grace Period Gross Income Home Equity Loan Hazard Insurance HUD I Settlement Index Interest Rate Jumbo Loan Line of Credit Loan to Value Ratio (LTV) Lock or Lock In Margin Minimum Payment Mortgage Banker Mortgage Broker Mortgage Insurance Mortgage Loan Mortgagee Mortgagor Negative Amortization PITI Points Prepayment Penalty Qualifying Ratios Right to Rescission Security Interest Servicing a Loan Title Title Insurance Transaction Fee Underwriting Variable Rate VA Loan

Dictionary of Closing Costs ALTA Policy and ALTA Endorsements Appraisal Assignment Bringdown Endorsement Credit Report Discount Point (or Points) Document Preparation Down Payment Escrow Flood Insurance Insurance Interest Adjustment or Prepaid Interest MIP/PMI Impound MIP/PMI Premium New Loan Escrow Origination Owner's Title Policy Payoff or Payment Penalty Payoff Statement Prepaid Interest Reconveyance/Satisfaction Recording Fees Tax Impound Tax Service Underwriting VA Funding Fees Warehouse