Glossary

Investor overlay refers to additional criteria imposed by investors when [...]

A jumbo loan is a type of mortgage that exceeds [...]

A lender is an entity, typically a bank or financial [...]

The Loan Estimate (LE) is a standardized form required by [...]

Loan origination is the initial process in the mortgage lending [...]

The Loan-to-Value (LTV) ratio is a crucial metric in mortgage [...]

A Lock-In Agreement is a contract between a borrower and [...]

In an adjustable-rate mortgage (ARM), the margin is a fixed [...]

A mortgage broker acts as an intermediary between borrowers and [...]

Mortgage fraud involves intentionally misrepresenting or omitting information during a [...]