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Real Estate Glossary

Welcome to our online Real Estate glossary. To search for a term, use the search box below. To browse our terms, click on a letter of the alphabet and browse away!

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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

Borrower: Someone who receives something on the promise to return it or its equivalent. Opposite of Lender.

See Also:
 » Acceleration clause
 » Add-on interest
 » Alienation clause
 » Amortization tables
 » Annual mortgagor statement
 » Application
 » Assumable mortgage
 » Blanket mortgage
 » Bridge loan
 » Cash-out refinance
 » Collateral security
 » Co-maker
 » Conditional commitment
 » Convertible adjustable-rate mortgage
 » Credit life insurance
 » Deed of trust
 » Delinquent mortgage
 » Discount points
 » Effective gross income
 » Escrow
 » Escrow analysis
 » Escrow payment
 » Forbearance
 » Foreclosure
 » Forfeiture
 » Good-faith estimate
 » Graduated-payment mortgage (GPM)
 » Home equity conversion mortgage
 » Interest
 » Late charge
 » Leasehold estate
 » Lender
 » Liabilities
 » Loan application
 » Loan origination fee
 » Lock-in
 » Low-down-payment loan
 » Margin
 » Mortgagee
 » Mortgage acceleration clause
 » Mortgage broker
 » Mortgage life insurance
 » Negative amortization
 » Non-assumption clause
 » Note
 » Original principal balance
 » PITI (Principal, Interest, Taxes, Insurance)
 » Prepaid interest
 » Prepayment penalty
 » Prequalification
 » Principal
 » Private mortgage insurance (PMI)
 » Purchase-money mortgage
 » Rate-improvement mortgage
 » Rate lock
 » Reconveyance
 » Regulation Z
 » Repayment plan
 » Reverse mortgage
 » Right to recission
 » Rural Housing Service
 » Servicer
 » Shared-appreciation mortgage
 » Teaser rate
 » Underwriting
 » Verification of deposit
 » Verification of employment
 » Prepayment privilege

The definition for Borrower and this glossary as a whole are presented to you as a courtesy of ForeclosuresMass. For other terms, explinations, definitions and descriptions, please visit our Glossary page.



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