Acronyms are tossed around like crazy in the real estate world, which can be confusing to even the most veteran home buyers. But don’t worry — it doesn’t take long to learn the language. Here’s a quick list of the most widely used home buying acronyms and what they actually mean. Of course, if you’d […]
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Understanding Home Mortgage Acronyms
Mortgage Acronyms – OMG! Completing the mortgage process can be a daunting experience, especially for first time home buyers. Banks seem to use an entirely different language than the rest of us. Chances are you are already familiar with some common banking acronyms – DDA, ATM, ACH. We’ve described some others below that you may […]