Understand the most important lending and mortgage terms. Mortgages can be confusing for the first time home buyer, so let us help explain. Below you'll find explanations for most of the mortgage industry terms.

What is Joint liability? Liability shared among two or more people, each of whom is liable for the full…
Written by Henry Gilbert
What is Joint tenancy? The ownership of property by two or more persons with the survivor taking the share of the…
Written by Henry Gilbert
What is Jumbo loan? A mortgage larger than the limits set by the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation. Because jumbo loans cannot be funded by these two agencies, they…
Written by Henry Gilbert


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