Mortgage Glossary

• Annual Percentage Rate (APR)
• Automated Underwriting System
• Branch Manager
• Brick and Mortar
• Commission
• Correspondent Lender
• Delegated Underwriting
• Direct Endorsement Lender
• Direct Lending
• FHA 203(k)
• FHA Mortgage
• First Right of Refusal
• Good Faith Estimate (GFE)
• HECM (Reverse Mortgage)
• Loan Officer
• Mini Correspondent Lenders
• Mortgage Banker
• Mortgage Branch Opportunity
• Mortgage Broker
• Mortgage Net Branch
• Mortgage Underwriter
• Paperless Underwriting
• RESPA (Real Estate Settlement Procedure Act)
• Retail Mortgage Branch
• Texas Mortgage Bankers Association
• Truth-In-Lending (TIL)
• USDA Rural Development
• VA Mortgage
• Warehouse Line of Credit

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