Mortgage Lending Terms

Mortgage Lending Terms

Notice how mortgage lenders speak their own language? What the heck is a balloon mortgage? What is the difference between a fixed interest rate and an adjustable interest rate? What is a government backed loan? Before you talk to a lender, you might want to brush up on these terms so you can better understand your options.

Click on the "Read More" button at the bottom of this page to explore mortgage lending terms.

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