Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the broken-link-checker domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /www/wesleymortgage_870/public/wp-includes/functions.php on line 6114

Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the rank-math domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /www/wesleymortgage_870/public/wp-includes/functions.php on line 6114

Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the rank-math-pro domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /www/wesleymortgage_870/public/wp-includes/functions.php on line 6114

Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the rocket domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /www/wesleymortgage_870/public/wp-includes/functions.php on line 6114
Glossary | Wesley Mortgage
Log In
Mortgage Glossary

Learn the Terms

Utilize this comprehensive glossary of mortgage and lending key terms to deepen your understanding of the mortgage process, including any unfamiliar terminology.
ALL
#
A
B
C
D
E
F
G
H
I
J
K
L
M
N
O
P
Q
R
S
T
U
V
W
Y
Z

15-Year Fixed Mortgage

203k Loan

3/1 ARM

5/1 ARM

Abstract of Title

Account Termination Fee

Additional Principal Payment

Adjustable-Rate Mortgage (ARM)

Adjustment Cap

Adjustment Date

Adjustment Period

Affordability Analysis

Amortization

Amortization Table or Schedule

Amortization Term

Annual Percentage Rate (APR)

Application Fees

Appraisal Contingency

Appraisal or Appraised Value

Appreciation

Assignment

Assumable Mortgage

Assumption

Balance Sheet

Balloon Loan

Base Rate

Biweekly Mortgage

Blanket Mortgage

Bridge Loan

Broker

Broker Fees

Buy-Down

Cash to Close

Cash-In Refinance

Cash-Out Refinance

Ceiling Rate

Certificate of Eligibility

Certificate of Title

Chain of Title

Clear Title

Load More

15-Year Fixed Mortgage

203k Loan

3/1 ARM

5/1 ARM

Abstract of Title

Account Termination Fee

Additional Principal Payment

Adjustable-Rate Mortgage (ARM)

Adjustment Cap

Adjustment Date

Adjustment Period

Affordability Analysis

Amortization

Amortization Table or Schedule

Amortization Term

Annual Percentage Rate (APR)

Application Fees

Appraisal Contingency

Appraisal or Appraised Value

Appreciation

Assignment

Assumable Mortgage

Assumption

Balance Sheet

Balloon Loan

Base Rate

Biweekly Mortgage

Blanket Mortgage

Bridge Loan

Broker

Broker Fees

Buy-Down

Cash to Close

Cash-In Refinance

Cash-Out Refinance

Ceiling Rate

Certificate of Eligibility

Certificate of Title

Chain of Title

Clear Title

Close

Closed

Closing

Closing Costs

Closing Date

Closing Disclosure (CD)

Closing Statement

Co-Borrower

Co-Signer