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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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No Income Loan

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A loan that is not based on the income of the borrower and does nor require the borrower to disclose his or her income levels; also known as a self-certification loan. Commonly used for buy to let properties where the income is considered to be the rental income.

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