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10 Mortgage Abbreviations You Need To Know » Mortgage Masters Group

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Your Ultimate Cheat Sheet to Deciphering the 123 Most Common Business Acronyms. Well, to everyone in the latter group: Today’s your lucky day. We’ve rounded up abbreviations for the most commonly used terms that you’re likely to run into at work (or more likely, in an email).

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Do you want to sound a whole lot savvier when handling your mortgage transaction? This mortgage glossary is a good place to hone up on your mortgage vocabulary to make sense of what can be a very confusing process. The more you know about seemingly complicated mortgage terms, the more fear you’ll instill in your bank or broker.

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Mortgage Acronym Cheat Sheet. GFE: Good Faith Estimate. A GFE is a document that the lender is required to give a prospective borrower when they apply for a loan. The GFE is an estimate of all closing costs and fees required for the proposed mortgage loan. GPM: Graduated Payment Mortgage.

Browse and search thousands of Mortgage Abbreviations and acronyms in our comprehensive reference resource.. Know a good shorthand in the Mortgage jargon that we miss? Don’t keep it to yourself!. Get instant explanation for any acronym or abbreviation that hits you anywhere on the web!

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