Dictionary

Search and compare over 10,000 subdivisions and neighborhoods

The Mortgage Dictionary contains a comprehensive list of mortgage terms used in the mortgage industry. This specialized dictionary is made available by the 18,000 REALTOR� members of the Houston Association of Realtors �. Please use Term Index section containing an alphabetical list of words with information about them.
Search Mortgage Term  
Select a letter:   A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z
 
Seller Carry Back
An agreement in which the owner of a property provides financing, often in combination with an assumed mortgage.  
 
Stated/documented Income
Some loan products require only that applicants "state" the source of their income without providing supporting documentation such as tax returns.
 
Survey
A print showing the measurements of the boundaries of a parcel of land, together with the location of all improvements on the land and sometimes its area and topography.