Industry Jargon ExplainedBy Scott WestlakeFebruary 2, 20230 comments#mortgagejargon #mortgageterms Baffled by some of the phrases thrown at you when considering buyer a home? 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 ...Read more...
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...