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Real Estate Glossary

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First Mortgage

The first mortgage is the primary loan against a property, and takes precedence over any other mortgage, equity line or other lien.

See also:

Fair Credit Reporting Act

Fair Market Value

Fannie Mae’s Community Home Buying Program

Farm Home 100% loan

Federal Home Loan Mortgage Corporation

Federal National Mortgage Association

First Mortgage

First Right Of Refusal

Fixed Rate Mortgage

Flood Insurance

See also: Real Estate Glossary

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