Pre-Closing CD
The Preliminary Closing Disclosure (PCD), sometimes referred to as the [...]
Pre-Qualification
Pre-qualification is a quick, informal estimate of how much you [...]
Principal
The principal in a mortgage loan is the original amount [...]
Private Mortgage Insurance (PMI)
Private Mortgage Insurance (PMI) is required for conventional loans with [...]
Profit & Loss
A Profit and Loss statement, also known as an income [...]
Quality Control
Quality Control is the process of reviewing and verifying the [...]
Rate Buydown
A rate buydown is an arrangement where the borrower or [...]
Rate Lock
A rate lock secures a specific mortgage interest rate for [...]
Rate Sheet
Rate Sheet A rate sheet is a document provided by [...]
RCE
Reconstruction Cost Estimate (RCE) A Reconstruction Cost Estimate (RCE) is [...]
