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| Mortgage terminology and the language used in
the mortgage industry can be confusing for those that do not
use them on a frequent basis. So we've tried to offer you some
simple, quick definitions of the most-often used terms and
their respective definitions. This list should in no way be
viewed as complete or containing each every word/term used in
the industry but, it should give you a fairly good definition
for the words that you may encounter during your mortgage
process. |
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