Current Mortgage Rates
Sunday, March 21, 2010
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Glossary of Terms
Glossary of Terms
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D.R. / Debt Ratio
Daily Interest
De Minimus Self-Employed Borrower
Deadbeat
Death Benefit
Debit Card (EFT Card)
Debt
Debt Consolidation
Debt Elimination
Debt Security
Debt To Income Ratio (DTI)
Debtaholic
Deductible
Deed
Deed In Lieu
Deed In Lieu Of Foreclosure
Deed Of Trust
Default
Defective Title Policy
Deferred Interest
Deficiency Judgment
Delinquency
Demand Clause
Department Of Veterans Affairs
Deposit
Depreciation
Derivative
Derog
Derog Letter
Direct Lender
Discharge
Disclosures
Discount
Discount Loan
Discount Mortgage Broker
Discount Point
Discount Rate
Discretionary Arm
Dismissal
Document Preparation Fee
Documentary Stamps
Documentation
Documentation Class
Documentation Requirements
Down Payment
Down Payment And Fees
Draw Period
Drawdown Date
Drawdown Deadline
Dual Apper
Dual Index Mortgage
Due-On-Sale Clause
Due-On-Sale Provision
Duplex
Discount Point
Additional points you can pay a lender to lower the interest rate on your loan at closing. Each point is equal to 1 percent of the loan amount (e.g. Two points on a $100,000 mortgage would cost $2,000). Also referred to as points.