Glossary Real Estate Term ../glossary CLICK ANY TERM FOR A DEFINITION A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z A J Acceleration Clause Adjustable Rate Mortgage K Agent Alternative Financing L Amortization Lien Amortization Schedule Life of Loan Cap Annual Percentage Rate Light Industrial/Assembly Application Loan Origination Fee Application Fee Lock-In Rate Appraisal Assessed Valuation M Assessment Market Value Assets Mechanics Lien Assumption Mid-Rise Apartments Assumption Fee Mortgage Mortgage Yours B Mortgage Information Letter (MIL) Balloon Mortgages Mortgage Insurance Premium (MIP) Balloon Payment Mortgage Note Borrower Mortgagee (Lender) Bridge Loan Mortgagor Buydown Multiple Listing Service (MLS) C N Cash Flow Negative Amortization Cash Out Negative Cash Flow Cash To Close Note Closing Note Rate Closing Costs Closing Statement O Co-Borrower Office/Warehouse or Research & Development Collateral Origination Fee Commitment Fee (Loan) Condominium P Conforming Loan P.I.T.I. Construction Loan Payment Adjustment Period Contingency Payment Cap Conventional Mortgage Payment Rate Conversation Option Permanent Buydown Convertible ARM Permanent Loan Co-Op Pledged Account Buydown Creative Financing Points Current Index Prepayment Penalty Prepayment Privilege D Primary Mortgage Market Debt Ratio Principal Deed Private Mortgage Insurance Deed Of Trust Prorate Default Deferred Interest Mortgage Q Deficiency Judgment Quit Claim Deed Deposit Depreciation R Discount Buydown Rapid Payoff Mortgage (RPM) Discount Points Real Estate Mortgage Investment Conduits (REMICs) Discounted Loan Real Estate Professional Disintermediation Realtor Down Payment Refinance Release of Liability E Renegotiable Rate Mortgage (RRM) Earnest Money REO (Real Estate Owned) Effective Age Residual Income Equal Credit Opportunity Act (ECOA) Restriction Equity Reverse Annuity Mortgage (RAM) Equity Participation Rollover Mortgage (ROM) Equity Sharing Escrow S Satisfaction of Mortgage F Savings and Loans Federal Home Loan Mortgage Corporation (FHLMC) Second Mortgage Federal Housing Administration (FHA) Secondary Mortgage Market Federal Housing Administration (FHA) Loans See Escrow Federal National Mortgage Association (FNMA) Shared Appreciation Mortgage (SAM) Firm Commitment Shopping Center Fixed-Rate Mortgage Strip Commercial Foreclosure Sweat Equity Free Standing Store Swing Loan Fully Indexed Note Rate T G Telecommuting Garden Apartments Title General Warranty Deed Title Company Government National Mortgage Association (GNMA) Title Insurance Graduated Payment Adjustable Rate Mortgage (GPARM) Graduated Payment Mortgage (GPM) U Gross Margin (Profit Margin) Usury Growing Equity Mortgage (GEM) V H Vesting Hazard Insurance Veterans' Administration Loans Heavy Industrial High-Rise Apartments W Home Warranty Insurance Walk-Up Apartments Warehouse Fee I Warehouse/Distribution Impound Account Wraparound Mortgage Income Ratio Index X Initial Note Rate Insurance of Title Y Interest Cap Yield Interest Rate Buydown Interim Financing Z Investment Return A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z