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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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Referral Power

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This is an internally used term to describe the potential power that a certain broker has to refer clients. Although the power of a referrer can be down to the reputation of the broker, it is often down to the lack of knowledge of the borrower.

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