Upfront Mortgage Broker (UMB)  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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Upfront Mortgage Broker UMB

Some mortgage brokers will simply charge a one-off up-front fee for their services regardless of whether or not the borrower then goes on to select a mortgage. This is a reasonably good way for the borrower to ensure that the broker is truly independent as they do not gain from suggesting any particular mortgage.

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Typical Interest Payments

First Time Buyers

2.89%

Purchased Fixed

2.89%

Discounted Rate

2.99%

Buy To Let

2.99%

Commercial

3%

 

 

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Mortgage Glossary

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A B C D E F G H I J K L M N O P Q R S T U V W X Y Z