Dictionary - U

Mortgage terms and definitions for home buyers, home sellers, and real estate consumers. Use the links below to find the word you're looking for.

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Underwriting -
The process of verifying data and evaluating a loan for approval. The underwriter gives the final loan approval.

Usury-
Interest charged in excess of the legal rate established by law.

 

 
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