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Mortgage Types :
Mortgage Companies :
Building Societies :
Loans :
Loan Companies:
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| Listed below are general Mortgage-related terminologies and their meanings. Click on the alphabet to view the list of terms starting with that letter. |
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IFA : It is an acronym for Independent Financial Advisor.
- IDD / Initial Disclosure Document : This document is intended to help you out in making comparisons of the offered services and the charges and rates created by lenders and mediators.
- Interest Only Mortgage : In this case you need to only make monthly interest repayments of your mortgage loan. Besides, you must place money into another investment vehicle that is mainly intended to increase satisfaction for making payments of your debt, in case your mortgage is finished. You are accountable for making reimbursement of the principal while the mortgage comes at its completion. You may desire to look for professional counsel about investment vehicle.
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