What is GSE in Mortgage?
GSE stands for government-sponsored enterprise. It is a term used in the mortgage industry to
Complex questions. Simple answers.
Complex questions. Simple answers.
GSE stands for government-sponsored enterprise. It is a term used in the mortgage industry to
A mortgage statement is a document that shows how much money you owe on your
A Verification of Mortgage is a document that is used to verify the information on
An adjustable rate mortgage (ARM) typically has a lower interest rate than a fixed-rate mortgage.
An open end mortgage is a loan in which the borrower can borrow additional money
AUS stands for “automatic underwrite.” When a mortgage is said to be “AUS approved,” it
CTC in mortgage stands for “Closing Time Costs.” These are the fees and costs associated
A mortgage deed is a legal document that creates a security interest in real property.
A mortgage discharge is the document that officially releases a mortgagor from their obligation to
A mortgage recast is a process where the terms of a mortgage are renegotiated to
A holding mortgage is a type of mortgage where the lender agrees to hold the
A mortgage balance is the total amount of money you owe on your home loan.
A Mortgage Commitment Letter is a letter from a mortgage lender stating that they are
A mortgage contingency is a clause in a real estate contract that states the buyer
When you pay off your mortgage, the escrow account is closed and the money is