Mortgage Industry Jargon ExplainedBy Scott WestlakeApril 13, 20220 comments#industryjargon #mortgagejargon Baffled by some of the phrases realtors and bankers throw at you? Here are some commonly used—but not always understood—words to describe mortgages: Amortization Period This is the number of years it will take to repay the entire mortgage in full and is determined when ...Read more...