Mortgage Term Glossary - Mortgage 2000

Mortgage Term Glossary

Mortgage Term Glossary


All \| A \| B \| C \| D \| E \| F \| G \| H \| I \| J \| L \| M \| N \| P \| Q \| R \| S \| T \| U \| V

Term	Definition
Right to Rescission	The legal right to void or cancel your mortgage contract in such a way as if it never existed. Right of rescission is not applicable to mortgages made to purchase a home, but may be applicable to other mortgages, such as home equity loans.

All \| A \| B \| C \| D \| E \| F \| G \| H \| I \| J \| L \| M \| N \| P \| Q \| R \| S \| T \| U \| V

Also See:
Tools
Mortgage Calculators
Links
Credit Repair Program

If you don’t open an Escrow account when you start your mortgage, you can do so later if you wish. Find out more.