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Popular Real Estate Questions

Popular Real Estate Glossary Terms

Total costs charged to the borrower that must be paid at closing, by the borrower, the home seller, or the lender. In dealing directly with a lender, settlement costs can be divided into ...

A lender that sells the loans it originates, as opposed to a portfolio lender that holds them. ...

Building's total floor area, in square feet, designed for tenant leasing. The GLA in normally calculated from the outside walls to any existing room partitions. ...

Business involved in buying and selling securities and mutual funds. ...

The dollar amount of interest paid each month. The interest payment is the same as interest due so long as the scheduled mortgage payment is equal to or greater than the interest due. ...