HOME     |      DEBT CONSOLIDATION   |     NEED CASH     |     IMPERFECT CREDIT    |     APPLY NOW
 
 

Turn Your Dreams Into Reality 

Rates    
Loan Process    
Glossary    

Contact Us    
Glossary
 
A
  • ADJUSTABLE-RATE MORTGAGE (ARM)
    		•
  • AMORTIZATION
    		•
  • ANNUAL PERCENTAGE RATE (APR)
    		•
  • APPLICATION
    		•
  • APPRAISAL
    		•
  • APPRAISED VALUE
    		•
  • ASSESSED VALUE
    		•
  • ASSET
    		•

    B
  • BANKRUPTCY
    		•
  • BOND MARKET
    		•
  • BROKER
    		•

    C
  • CASH-OUT REFINANCE
    		•
  • CERTIFICATE OF REASONABLE VALUE (CRV)
    		•
  • CLOSING
    		•
  • CLOSING COSTS
    		•
  • CO-BORROWER
    		•
  • COLLATERAL
    		•
  • COMPARABLE SALES
    		•
  • CONDOMINIUM
    		•
  • CONTINGENCY
    		•
  • CONVENTIONAL MORTGAGE
    		•
  • CREDIT
    		•
  • CREDIT HISTORY
    		•
  • CREDIT REPORT
    		•
  • CREDITOR
    		•

    D
  • DEBT
    		•
  • DEED
    		•
  • DEED OF TRUST
    		•
  • DEFAULT
    		•
  • DELINQUENCY
    		•
  • DEPRECIATION
    		•

    E
  • EQUAL CREDIT OPPORTUNITY ACT (ECOA)
    		•
  • EQUITY
    		•
  • ESCROW
    		•
  • ESCROW ACCOUNT
    		•

    F
  • FAIR CREDIT REPORTING ACT
    		•
  • FAIR MARKET VALUE
    		•
  • FANNIE MAE (FNMA)
    		•
  • FANNIE MAE'S COMMUNITY HOME BUYER'S PROGRAM
    		•
  • FEDERAL HOUSING ADMINISTRATION (FHA)
    		•
  • FIRST MORTGAGE
    		•
  • FIXED-RATE MORTGAGE
    		•
  • FORECLOSURE
    		•

    H
  • HAZARD INSURANCE
    		•
  • HOME EQUITY LINE OF CREDIT
    		•
  • HOMEOWNER'S INSURANCE
    		•
  • HUD-1 SETTLEMENT STATEMENT
    		•

    J
  • JUMBO LOAN
    		•

    L
  • LENDER
    		•
  • LIABILITIES
    		•
  • LOAN
    		•
  • LOAN OFFICER
    		•
  • LOAN SERVICING
    		•
  • LOAN-TO-VALUE (LTV)
    		•

    M
  • MERGED CREDIT REPORT
    		•
  • MORTGAGE
    		•
  • MORTGAGE BANKER
    		•
  • MORTGAGE BROKER
    		•
  • MORTGAGEE
    		•
  • MORTGAGOR
    		•

    N
  • NEGATIVE AMORTIZATION
    		•
  • NO CASH-OUT REFINANCE
    		•
  • NOTICE OF DEFAULT
    		•

    O
  • ORIGINAL PRINCIPAL BALANCE
    		•
  • ORIGINATION FEE
    		•

    P
  • PITI
    		•
  • PITI RESERVES
    		•
  • PRE-APPROVAL
    		•
  • PRE-QUALIFICATION
    		•
  • PREPAYMENT
    		•
  • PREPAYMENT PENALTY
    		•
  • PRINCIPAL
    		•
  • PRINCIPAL BALANCE
    		•
  • PRINCIPAL, INTEREST, TAXES, AND INSURANCE (PITI)
    		•

    Q
  • QUALIFYING RATIOS
    		•

    R
  • REVOLVING DEBT
    		•

    S
  • SECOND MORTGAGE
    		•
  • SECONDARY MARKET
    		•
  • SECURED LOAN
    		•
  • SERVICER
    		•
  • SERVICING
    		•

    T
  • TITLE
    		•
  • TITLE COMPANY
    		•
  • TITLE INSURANCE
    		•
  • TITLE SEARCH
    		•
  • TRUTH-IN-LENDING
    		•

    V
  • VETERANS ADMINISTRATION (VA)
    		•

     

     


     Direct: (815)     986-6729 Fax: (901) 234-1313

    Homeloans@rockfordlending.com