Bristol Bay Mortgage Rates and Information Online from competing Lenders

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Mass. home sales jump for fourth monthProvidence Business NewsThe number of single-family home sales in Bristol County, Mass., rose 20 percent year over year to 162 last month. The median sales price jumped to $237500 ...and more »

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Don't get (affirmative) defensive, but your answer might be subject to the ...Lexology (registration)Bristol Home Mortgage Lending, LLC, No. 08-81536-CIV, 2009 WL 2488302 (SD Fla. Aug. 13, 2009); In re Mission Bay Ski & Bike, Inc., Nos. 07 B 20870, 08 A 55, ...

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Today's Mortgage Terms starting with F

  • Federal Home Loan Mortgage Corporation (FHLMC or Freddie Mac): A semi government agency that acquires conventional loans that are underwritten to its specific guidelines. These guidelines are an industry standard for residential conventional lending.
  • Federal Housing Administration (FHA): A federal agency within the Department of Housing and Urban Development (HUD), which insures residential mortgage loans made by private lenders and sets standards for underwriting mortgage loans.
  • Federal National Mortgage Association (FNMA or Fannie Mae): This agency purchases loans that are underwritten to its specific guidelines. These guidelines are an industry standard for residential conventional lending.
  • FHA Loans: Fixed or adjustable-rate loans that are insured by the U.S. Department of Housing and Urban Development. The purpose of FHA loans is to make housing more affordable, especially for first-time homebuyers.
  • First Mortgage: A mortgage which is in first lien, taking priority over all other liens. In case of a foreclosure, the first mortgage will be repaid before any other mortgages.
  • Fixed Rate Loan: Fixed-rate loans have interest rates and payments that are fixed through out the term of the loan.
  • Foreclosure: A legal process in which a mortgaged property may be liquidated to pay off a mortgage loan that is in default.

    View all Terms
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