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Mortgage Glossary

The mortgage glossary helps you understand technical mortgage terms used throughout our web site. Use the menu below to navigate alphabetically to the term you are looking for.

  1. A
  2. B
  3. C
  4. D
  5. E
  6. F
  7. G
  8. H
  9. I
  10. J
  11. L
  12. M
  13. N
  14. O
  15. P
  16. R
  17. S
  18. T
  19. U
  20. V
  21. W
  22. Z
  1. Callable Debt
  2. Cash-Out Mortgage Refinance Loan
  3. Cashier’s Check
  4. Ceiling
  5. Certificate of Completion
  6. Certificate of Eligibility
  7. Certificate of Title
  8. Certificate of Veteran Status
  9. Certification and Authorization Form
  10. Chain of Title
  11. Closing
  12. Closing Costs
  13. Closing Disclosure
  14. Co-Borrower
  15. Collateral
  16. Collection Accounts
  17. Combined Loan-to-Value Ratio
  18. Commission
  19. Commitment
  20. Comparable Property
  21. Comparative Market Analysis
  22. Compound Interest
  23. Condominium
  24. Conforming Loan
  25. Construction Loan
  26. Consumer Reporting Agency
  27. Contingency
  28. Contract of Sale
  29. Conventional Loan
  30. Conversion Clause
  31. Convertible ARMs
  32. Conveyance
  33. Cooperative
  34. Cost of Funds Index (COFI)
  35. Credit Bureau
  36. Credit History
  37. Credit Report
  38. Credit Score

†Based on Quicken Loans internal data.

‡The payment on a $200,000 30-year fixed-rate loan at 3.875% with a 70% loan-to-value ratio is $940.48 with .25 points due at closing. The annual percentage rate (APR) is 3.968%. Payment does not include taxes and insurance premiums. The actual payment amount will be greater. By refinancing your existing loan, the total finance charges may be higher over the life of the loan. Some state and county maximum loan amount restrictions may apply.