Real Estate

10 Loan Terms that You Need to Know

Before you apply for a housing loan, make sure you familiarize yourself with important financial jargon

Photography: Rene Mejia

How well do you know your financial terms? Are you familiar with collateral and appraisal? Applying for a housing loan is a huge step and it entails an even bigger commitment. To help you ease into the process, here are commonly used terms that may help and guide you.

Read the original article in the September 2011 issue of Real Living Magazine. Download your digital copy of Real Living on the Real Living AppLog on to for more details. 

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