The Average Prime Offer Rate (APOR) is a weekly benchmark rate used by lenders and regulators to determine...
An assumption fee is a lender’s charge for transferring an existing loan to a new borrower, commonly...
An appraisal contingency waiver means a homebuyer agrees to proceed with a purchase even if the home's...
Annual Certification in loan servicing is an annual compliance verification by loan servicers to confirm...
All-in financing cost represents the complete amount you pay to borrow money, including interest and...
An 80/10/10 loan is a home financing method that combines an 80% primary mortgage, a 10% second mortgage,...
A VA Hybrid ARM is a mortgage loan for eligible veterans combining an initial fixed interest rate period...
A VA funding fee refund reimburses veterans who were exempt from the VA loan funding fee but paid it...
VA entitlement is the dollar amount the U.S. Department of Veterans Affairs guarantees on your VA home...
A VA appraisal is a mandatory evaluation for VA-backed home loans that determines a property’s market...