A mortgage statement is a document that shows how much money you owe on your

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

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