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Glossary

Knowledge is power and there’s no difference when it comes to obtaining a home loan! To help you on the journey to becoming an educated borrower, we’ve created this glossary of terms you’ll need to know during your home loan process.

 

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There are currently 3 names in this directory beginning with the letter B.
Bankruptcy
Bankruptcy is the state of working through debt with the help of your bank or the government, both through debt forgiveness and restructuring.
Borrower
A borrower is someone who works with a lender to secure financial assistance in purchasing or refinancing a home.
Buyer's Agent
A buyer’s agent is a person who represents a buyer when they purchase a home.
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