Welcome to the USCityhomes glossary!
We created this glossary with the help of the Federal Trade Commission (FTC) to help you get familiar with common terms you’ll see. If you can’t find your answer, please feel free to contact us at [email protected] or call (214) 234-2589.
- Annual Percentage Rate (APR)
- Annuity:
- Application Fee
- Appraisal
- Appraiser
- Appreciation
- Arbitration
- Asbestos
- Assessed Value
- Assessor
- Asset
- Assignment of Mortgage
- Assumable Mortgage
- Assumption
- Assumption Fee
- Automated Underwriting
- Balance Sheet
- Balloon Mortgage
- Balloon Payment
- Bankruptcy
- Before-tax Income
- Biweekly Payment Mortgage
- Bona fide
- Bridge Loan
- Broker
- Building Code
- Buydown
- Buydown Account
- Buyer Agent
- Buyer Rebate
- Cap
- Capacity
- Cash-out Refinance
- Centralized Showing Service
- Certificate of Deposit
- Certificate of Eligibility
- Chain of Title
- Change Orders
- Civil Rights Act of 1968 (Fair Housing Act)
- Clear Title
- Closing
- Closing Agent
- Closing Costs
- Closing Date
- Closing Statement
- Co-borrower
- Collateral
- Commission
- Commitment Letter
- Common Areas
- Comparables
- Comparative Market Analysis (CMA)
- Concession
- Conditional Qualification Letter
- Condominium
- Construction Loan
- Contingency
- Conventional Mortgage
- Conversion Option
- Convertible ARM
- Cooperative (Co-op) Project
- Cost of Funds Index (COFI)
- Counter-offer
- Credit
- Credit Bureau
- Credit History
- Credit Life Insurance
- Credit Report
- Credit Score
- Creditor
- Creditworthy
- Debt
- Debt-to-Income Ratio
- Deed
- Deed of Trust
- Default
- Delinquency
- Depreciation
- Discount Point
- Down Payment
- Due-on-Sale Clause
- Earnest Money Deposit
- Easement
- Employer-Assisted Housing
- Encroachment
- Encumbrance
- Equal Credit Opportunity Act (ECOA)
- Equity
- Escrow
- Escrow Account
- Escrow Analysis
- Eviction
- Exclusive Agency Listing
- Exclusive Right-to-Sell Listing
- Executor
- Fair Credit Reporting Act (FCRA)
- Fair Market Value
- Fannie Mae
- Fannie Mae-Seller/Servicer
- Fannie Mae/Freddie Mac Loan Limit
Notice: This website contains general information about legal and financial matters. The information is not advice, and should not be treated as such. You must not rely on the information on this website as an alternative to legal or financial advice from your attorney, accountant or other professional services provider. If you have any specific questions about any legal and financial matter you should consult your attorney, accountant or other professional services provider.
