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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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Mortgage Program

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The mortgage program refers to all of the key factors that a particular mortgage has such as the rate, the minimum down payment required and the term of the loan. This is the bare essential information that all borrowers will initially consult.

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