Common abbreviations and slang -what do they mean?
LTV - Loan to Value Sometimes you'll hear a loan officer mention LTV. This stands for loan-to-value. LTV is the amount financed as a percentage of the home's value. If you are borrowing $90,000
http://www.brokeroutpost.com/reference/53801.htm (Updated: 05/28/2007)
Related Reference Topics: [arm, niv, ltv, app, mortgage terms]

What Length Mortgage Loan Should I Get?
When considering the length (or term) for your mortgage will depend on many key factors. Considerations need to be made on your current financial situation and your goals for the future. You will need
http://www.brokeroutpost.com/reference/23500.htm (Updated: 05/25/2007)
Related Reference Topics: [mortgage term, 30 years, 15 year, 10 year]

Mortgage Default
The inability to pay monthly mortgage payments in a timely manner or to otherwise meet the mortgage terms.
http://www.brokeroutpost.com/reference/10996.htm (Updated: 05/18/2007)
Related Reference Topics: [past due, late payments, default]

Mortgage Terminology
Acceleration: The right of the mortgagee (lender) to demand the immediate repayment of the mortgage loan balance upon the default of the mortgagor (borrower), or by using the right vested in the Due-
http://www.brokeroutpost.com/reference/25137.htm (Updated: 05/14/2007)
Related Reference Topics: [definitions, explanations]

Mortgage Terminology Part 2
Deed of Trust : An instrument that makes real property security for a loan; unlike a mortgage, may be foreclosed nonjudicially
http://www.brokeroutpost.com/reference/30186.htm (Updated: 04/21/2006)

Mortgage Rates
Mortgage interest rates are derived from a variety of different factors and economic news and generally change throughout the day. Usually a 15 year mortgage term will have a lower interest rate than
http://www.brokeroutpost.com/reference/20310.htm (Updated: 03/11/2006)