A home built entirely in a factory and then delivered to the site.
The most likely sale price for a home at a specific point in time.
A home whose factory-built sections are brought to the site for assembly.
A professional who helps you shop for and compare loan products from different lenders. He or she does not represent a specific lending institution.
|Mortgage Insurance Premium (MIP)||
Required for FHA-insured loans. Paid by the borrower, it protects lenders against loss if borrowers can
A financial institution that provides financing with the understanding that the money borrowed will be repaid, with interest, over a set time period.
A secured loan used to buy a home or other property.
A legal document stating your obligation to repay the mortgage loan at a stated interest rate, over a set time period.
|Multiple Listing Service (MLS)||
A series of regional databases that are available to real estate agents. The MLS has the most complete and up-to-date information on homes for sale.