Realtors®
Shane & Sara
Stevenson
(360) 280-5780
Shane@MyAgentsPage.com
Sara@MyAgentsPage.com
"Trusted Advice & Dedication!"
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Last updated: 09-23-2008
Buyer/Seller Info
A
Acceleration Clause
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Adjustable-Rate Mortgage (ARM)
Adjusted Basis
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Attorney-in-fact
Automated Underwriting
B
Balance Sheet
Balloon Mortgage
Balloon Payment
Bankrupt
Bankruptcy
Before-Tax Income
Beneficiary
Bequeath
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Bill of Sale
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Biweekly Mortgages
Biweekly Payment Mortgage
Blanket Insurance Policy
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Budget
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C
Call Option
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CD-Indexed (Certificate of Deposit) ARMs
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Cooperative (co-op)
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Cost of Funds Index (COFI)
Costs for Settling Into Your Home
Covenant
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D
Debt
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Detached Single-Family Home
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E
Equal Credit Opportunity Act (ECOA)
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Effective Age
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F
Fair Credit Reporting Act
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G
General Contractor
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Governmnet Mortgage
Government National Mortgage Association
Grantee
Grantor
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Growing-Equity Mortgage (GEM)
Guarantee Mortgage
Guaranteed Loan
H
Hazard Insurance
Home Equity Conversion Mortgage (HECM)
Home Equity Line of Credit
Home Inspection
Homeowner's Insurance
Homeowner's Insurance for Reverse Mortgages
Homeowners' Association
Homeowner's Warranty (HOW)
HomeStyle Construction-to-Permanent Mortgage
HomeStyle Mortgage Loan
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I
In-File Credit Report
Income Property
Index
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InterestFirstSM Mortgage
Investment Property
IRA (Individual Retirement Account)
J
Joint Tenancy
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L
Late Charge
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M
Manufactured Housing
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N
Negative Amortization
No Cash-Out Refinance
Net Cash Flow
Note
Nonliquid Asset
Note Rate
Notice of Default
O
Occupancy Date
Offer
Ongoing Costs
One-Year Adjustable-Rate Mortgage
Original Principal Balance
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Other Financial Companies
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P
Planned Unit Development (PUD)
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Point
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Promissory Mote
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Q
Qualifying Ratios
Quitclaim Deed
Qualifying Guidelines
R
Real Estate Settlement Procedures Act (RESPA)
Realtor
Radon
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Rent with Option to Buy
Repayment Plan
Replacement Reserve Fund
Reverse Mortgage Counseling
Revolving Liability
RHS Loans
Right of First Refusal
Right of Ingress or Engress
Right of Survivorship
Rural Housing Service (RHS)
S
Sale-Leaseback
Second Mortgage
Secondary Mortgage Market
Savings and Loans
Secured Loan
Security
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Servicer
Seller Versus Buyer Closing Costs
Servicing
Settlement
Settlement Sheet
Single-Family Properties
Six-Month Adjustable-Rate Mortgage
Special Deposit Account
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Step-Rate Mortgage
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Survey
Sweat Equity
T
Truth-in-Lending
Taxes and Insurance
Tenancy in Common
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Treasury Index
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Truth-in-Lending
Two-Step Mortgage
Two-to Four-Family Property
U
Underwriting
Unsecured Loan
V
VA Mortgage
Vested
Veterans Administration (VA)
W-Z
Ways of Obtaining a Loan
What-if Analysis
Wraparound Mortgage
What-if Scenario
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