Mortgage Dictionary

Seller Carry Back

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

Stated

Explore how a stated-income mortgage loan can help self-employed borrowers secure financing without traditional verification. Learn how it works today!

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.