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More Mortgage Lingo

Based on the success of yesterday’s post, we see there’s a strong interest in getting up to speed on mortgage terminology. Main St. provides this handy guide covering 10 terms that you should learn if you’re thinking about buying a house. They cover the basics of everything from the relationship between Freddie Mac and Ginnie Mae, to the various different costs. Both real-estate agents and mortgage brokers are prone to throwing this jargon around as if it’s well understood, but we understand that might not be true for you, and we want to help.

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Licensing

NMLS ID#: 71222

Equal Housing Lender

Contact Us

Jeffrey Halbert - First Home Mortgage
3240 Ferry Landing Road
Suite 201
Dunkirk, MD 20754

Phone:
(301) 327-5803

Fax:
(443) 725-9080

This is not a commitment to lend. Terms and conditions of programs, products and services are subject to change. All loans are subject to credit approval and property appraisal. Certain restrictions may apply on all programs. First Home Mortgage Corporation of America, First Home Mortgage Services, and First Home Mortgage Company of Maryland are d/b/a's of First Home Mortgage Corporation. First Home Mortgage Corporation is licensed in Connecticut, Delaware, District of Columbia, Florida, Georgia, Indiana, Kentucky, Maine, Maryland, Massachusetts Mortgage Lender and Broker (Lic. #MC71603), Michigan, New Hampshire, Licensed by the New Jersey Department of Banking and Insurance, North Carolina, Pennsylvania, Rhode Island Licensed Lender and Broker, South Carolina, Tennessee, Vermont, Virginia, West Virginia. Equal Housing Lender. First Home Mortgage Corporation NMLS ID #71603 (www.nmlsconsumeraccess.org). Privacy Policy.