Home Loan & Mortgage Terms Glossary

Interested in a home loan, but wondering what all those words and phrases mean? Check out our complete Mortgage Terms Glossary, which puts home loan terms into understandable, everyday language:

A B C D E F G H I J K & L  M N O & P Q & R S T U - Z

We've also organized some information into "Quick Glossaries" that you can print out and carry with you. They're handy tools when you shop for a loan or a home.

Quick Glossaries:

Basic Mortgage Terms — Words common to all home loans

Home Loan Products — Loan types and their features

Getting a Loan — Factors affecting a lender's decision and finalizing the loan

Buying and Owning — Homeowner and real estate buying terms

At Countrywide Bank’s Full Spectrum Lending Division, we think the more you know about home loans, the better educated choices you will be able to make. Some of the terminology used by lenders can be confusing, so the first step in learning about loans is to have a good understanding of the words and phrases lenders use. After learning what the terms that lenders use mean, you'll feel more confident about your decisions, and the whole application process will be much less stressful.

If you still are confused about any terms or have any other questions about home loans, feel free to give one of our helpful Loan Consultants a call at 1-800-909-8217. They are here to help you make an educated decision about your loan and to guide you through all steps of the loan process.