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