Real Estate Glossary

2 | A | B | C | D | E | F | G | H | I | J | L | M | O | P | R | S | T | U | V
Indication by a potential buyer of a willingness to purchase a home at a specific price; generally put forth in writing
The process of preparing, submitting, and evaluating a loan application; generally includes a credit check, verification of employment, and a property appraisal.
The charge for originating a loan; is usually calculated in the form of points and paid at closing.