Below is a mortgage glossary of terms. There may be words listed that no longer apply in todays market. Please call us if you have any questions.

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

Zero Percent Financing -
A loan with no interest in the contract. The IRS imputes 10 percent for both borrower and lender.

Zoning -
The right of a community, under its police power, to dictate the use of property within its boundaries.