Mortgage terminology can be confusing and overwhelming, especially because you may be seeing many of the phrases for the first time. Not understanding any language puts you at a disadvantage but this is especially true when it comes to getting a mortgage. We developed our Mortgage Encyclopedia so that you can understand all of the terms involved in the mortgage process.
Our encyclopedia features informative definitions for hundreds of mortgage words and phrases. Simply input a term into the search box below to learn its meaning and review related resources. In the highly unlikely event a term is not in our encyclopedia you can submit it using the ADD TERM function. We will add your term and definition to our encyclopedia and notify you when it is available to review. With your help, we continuously grow our Mortgage Encyclopedia, making it more valuable for our users.