Current Mortgage RatesSaturday, March 20, 2010Glossary of Terms1 2 3 4 5 7 8 A B C D E F G H I J L M N O P Q R S T U V W Y Z
Obligations Office Of Thrift Supervision (OTS) Online Mortgage Lender Open End Mortgage Open-End Credit Option ARM Original Principal Balance Origination Origination Fee Origination Points Overage Overdraft Checking Owner Financing Owner's Title Policy Owners Policy Option ARMAn adjustable rate mortgage with flexible payment options, monthly interest rate adjustments, and very low minimum payments in the early years. They carry a risk of very large payments in later years. |