Glossary
Welcome to our glossary section.
If you're looking for the definition of a particular finance term or phrase, you can look it up here in our loans glossary. If the term or phrase you're looking for isn't listed, please let us know and we'll make sure it gets included.
Mortgage
A mortgage is the most common type of loan used for the specific purpose of purchasing a home. Mortgage products are available in a number of different forms with the most distinguishable factor being the way in which interest is both calculated and charged.
