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Glossary
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News and Resources
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- 08/18/2010
-Mortgage Network Expands Across Mid-Atlantic Region Read More- 07/22/2010
-John Holian Joins Northeast Association of Retarded Citizens Board for Second Term Read More- 07/22/2010
-Mortgage Network Hosts Charity Golf Tournament & Casino Night to Benefit Friends Of Ari Shumbres Read More- 07/01/2010
-Mortgage Rates Again Hit New Low Read More- 07/01/2010
-Mortgage Loan Rates Fall to New Low Read More - 08/18/2010
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–Lisa & Nikolaos | Customers
Glossary
We’ve put together an extensive glossary of terms used in the mortgage lending business. If you’re not sure what a particular term means, click to find the definition in our glossary.
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
U
- Underwriting
- The process of evaluating a loan application to determine the risk involved for the lender. Underwriting involves an analysis of the borrower's creditworthiness and the quality of the property itself.
- Unsecured Loan
- A loan that is not backed by collateral.