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Mortgage Glossary

Below is an A-Z glossary of general terms used within the mortgage industry. Click on any term to view a detailed explanation. Use the alphabet below to navigate quickly to a term beginning with:

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Application

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Application

Whenever any borrower is making a request for a loan, it is normal practice to fill in a full application which details the information required by the lender to decide on how much or on what terms a mortgage may be forwarded.

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