Homeowners Insurance  Mortgage Glossary

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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Homeowners Insurance

Similar to hazard insurance although normally slightly more extensive and covers damage to the property for a range of different reasons. Most lenders will require that borrowers take at least basic insurance on the property.

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Typical Interest Payments

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2.89%

Purchased Fixed

2.89%

Discounted Rate

2.99%

Buy To Let

2.99%

Commercial

3%

 

 

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Questions & Answers

Read about general questions asked by brokers and lenders and the best ways to answer...

Mortgage Glossary

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