Real Estate Glossary

Real Estate terminology and dictionary.

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acceleration clause

A clause in your mortgage which allows the lender to demand payment of the outstanding loan balance for various...
Revision #2 Posted by Jason Cook on Wed, Jun 24 2009
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adjustable-rate mortgage

A mortgage in which the interest changes periodically, according to corresponding fluctuations in an index. All...
Revision #1 Posted by Jason Cook on Fri, Apr 17 2009
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adjustment date

The date the interest rate changes on an adjustable-rate mortgage .
Revision #1 Posted by Jason Cook on Fri, Apr 17 2009
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amortization

The loan payment consists of a portion which will be applied to pay the accruing interest on a loan , with the...
Revision #1 Posted by Jason Cook on Fri, Apr 17 2009
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Glossary Home This page is locked to prevent further edits

The real estate industry can be difficult to follow at times. In an effort to help consumers in navigating all...
Revision #9 Posted by Jason Cook on Fri, Apr 17 2009
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