Glossary

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Glossary

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1 year adjustable (ARM)		5+ Units Residential
10 year adjustable (ARM)		5-Year Balloon Mortgage
10 year fixed		7 year adjustable (ARM)
15 year fixed		7-Year Balloon Mortgage
2 units residential (Duplex)		Abstract (of Title)
2 year adjustable (ARM)		Acceleration Clause
20 year fixed		Adjustable Rate Mortgage (ARM)
25 year fixed		Adjustment Interval
3 year adjustable (ARM)		Affiliate
3-4 units (Triplex/Fourplex)		Affordable Gold 5
30 year fixed		Affordable Gold 97
40 year fixed		Affordable Product Type
5 year adjustable (ARM)		Affordable Seconds

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