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Mortgage Glossary
Article Index
Mortgage Glossary
Adjustable-rate Mortgage
(ARM)
Amortization Schedule
Annual Percentage Rate
(APR)
Appraisal
Assumable Mortgage
Balloon Mortgage
Bill of Sale
Broker
Closing Costs
Comparables
Covertible ARM
Earnest Money Deposit
Equity
Escrow
Fixed-rate Mortgage
(FRM)
Interest Rate
Loan Origination
Lock-in
Mortgage Broker
Origination Fee
Point
Prepayment
Pre-qualification
Private Mortgage Insurance
(PMI)
Title
Title Company
Title Insurance
Title Search
Underwriting
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adjustable-rate mortgage (ARM) - A mortgage that permits the lender to adjust its interest rate periodically on the basis of changes in a specified index.





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