Glossary

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Negative Amortization
This happens when a mortgage payment is less than a loan's accruing interest.
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non-conforming loan
Also called know as a jumbo loan.
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note
A written agreement containing a promise of the signer to pay to a named person, or order, or bearer, a definite sum of money at a specified date or on demand.
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