Relier Pairs MortgagesVersion en ligne mortgage and homeowning vocab par Catherine Lowerre 1 interest only 2 homeowner's insurance 3 adjustable rate mortgage ARM 4 down payment 5 Fixed rate mortgage 6 mortgage 7 escrow 8 foreclosure or to foreclose 9 jumbo mortgage 10 Market Value 11 property or realestate tax 12 balloon mortgage 13 assessed value home loan money put down to buy a home a mortgage where only interest is paid until the last month money taken by bank to pay taxes home loan where the rate does not change the bank taking your home due to lack of payment tax on owned property the number the property tax is based on How much you can buy the home for home loan where the interest rate will vary with the market home loan with a huge last payment coverage incase something happens to your property home loan for a huge amount of money
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