Applying for home loans to purchase a property? You’ll be given a thick stack of paperwork with an overwhelming amount of technical terminology. Even when your loans officer explains all the terms of your mortgage, chances are that you’ll still be confused by the end of it.
You want to know clearly what you’re getting yourself into, especially if you’re committing to it for the next 30 years. In this home loan/mortgage glossary, you’ll get an easy-to-understand guide on all the jargon used for home loans. Breeze through it with us as we take you through the world of mortgage terms: Continue reading