Buying a new home comes with its own language. From acronyms, like APR and LTV, …

Buying a new home comes with its own language. From acronyms, like APR and LTV, to other terms, like balloon and escrow, financing your home is a learning process whether it’s your first time or your fifth. While these fancy mortgage terms may seem overwhelming, you can become more confident in the home buying process by understanding some of these key terms. Click through to learn the definitions of the top twenty most confusing mortgage terms.


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