Mortgages - Understanding Home Loan Lingo
Jul 5th, 2007 by Jody McLeod
Unless you have purchased a home before, you might not understand all of the acronyms and jargon that gets tossed around in the home-buying process. Points, ARMS, LTV’s - this can all sound like a bunch of gobbledygook unless you study up a bit.
Here are a couple of mortgage terminology sites to help get your feet wet so you can concentrate on more important things - like searching for your new home!
Photo by Eyelens
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