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Real Estate Glossary

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»	US foreclosures rise 7% in July from June The number of US households on the verge of losing their homes rose 7 percent from June to July, as ...

»	The Facts About Cash Back Loans Loans that offer cash back are optional for homebuyers searching for cash to payoff debts or improve...

»	Fixed Rate Home Equity Loans Home equity fixed loans are credit extended to homebuyers who dismiss closing costs. Some of the equ...

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Wrap-Around Mortgage

A mortgage to the new buyer which includes the seller’s existing first mortgage payment, plus an additional amount that will be proceeds to the seller.

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Wrap-Around Mortgage

See also: Real Estate Glossary

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