Waiting Period
Waiver of Premium
Whole Life Insurance
Acceleration Clause
Acceptance
Additional Principal Payment
Adjustable Rate Mortgage (ARM)
Adjusted Basis
Adjustment Date
Adjustment Interval
Adjustment Period
Advanced Lock
Advertising Fee
Affordability Analysis
Amortization Schedule
Amortization Term
Annual Mortgagor Statement
Annual Percentage Rate (APR)
Appraisal
Appraised Value
Appraiser
Appreciation
Asset mix
Assessed Value
Assessment
Assumable Mortgage
Assumption
Assumption Clause
Assumption Fee
Average Yearly Cost
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Wraparound Mortgage
Wraparound Mortgage - A type of refinancing that allows you to borrow more money from a second loan while still retaining your original mortgage. Your entire mortgage payment is made to the lender of your wraparound mortgage, and they will in turn send the payments for your first mortgage to your primary mortgage lender. If interest rates have increased since the time of your first mortgage, this allows you to obtain extra cash without refinancing your entire first mortgage at a higher interest rate.
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