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    Lender Vocab Cheat Sheet

    Here is some Lender Vocabulary for First Time Home Buyers. There are many real estate terms and I will explain them throughout your home buying process but here are some basic terms for you to be familiar with when you apply for a mortgage. Download the Infographic for the definitions

    • Pre-Approval
    • Adjustable Rate Mortgage (ARM)
    • Annual Percentage Rate (APR)
    • Debt-To-Income Ratio
    • Escrow
    • Private Mortgage Insurance (PMI)
    • Homeowner’s Insurance
    • Lien
    • Market Value
    • Fixed Rate Loan

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    I write often to give you the latest insights on owning a home or property in Fort Lauderdale & the Surrounding Areas.