The Mortgage Dictionary contains a comprehensive list of mortgage terms used in the mortgage industry. This specialized dictionaries is made available by the 18,000 REALTOR® members of the Houston Association of Realtors ®. Please use Term Index section containing an alphabetical list of words with information about them.

A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z

Seller Carry Back
An agreement in which the owner of a property provides financing, often in combination with an assumed mortgage.

Stated/documented Income
Some loan products require only that applicants "state" the source of their income without providing supporting documentation such as tax returns.

Survey
A print showing the measurements of the boundaries of a parcel of land, together with the location of all improvements on the land and sometimes its area and topography.

All information is subject to change and should be independently verified.
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