Glossary of Terms - I

To better understand some of the industry terms and technical language used during the process of borrowing money for real estate purchases, search our glossary index. You will be talking the talk with one of our mortgage professionals in no time! If you still have questions, contact us.

Income Property

Real estate that is owned for investment purposes and not used as the owner's residence.

Interest

A charge paid for the use of money.

Interim Financing

See Bridge Loan.