Dictionary

Search for real estate and mortgage terms

Real Estate Dictionary contains a comprehensive list of real estate and mortgage terms and definitions for home buyers, home sellers, and real estate consumers with expanded definitions of the most important real estate and mortgage home loan terms. This dictionary is made available by Houston area REALTORS®. Please use the real estate dictionary 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.