Relacionar Columnas MortgagesVersión en línea mortgage and homeowning vocab por Catherine Lowerre 1 foreclosure or to foreclose 2 mortgage 3 assessed value 4 down payment 5 balloon mortgage 6 property or realestate tax 7 Fixed rate mortgage 8 Market Value 9 escrow 10 interest only 11 jumbo mortgage 12 adjustable rate mortgage ARM 13 homeowner's insurance tax on owned property the number the property tax is based on How much you can buy the home for the bank taking your home due to lack of payment money put down to buy a home home loan where the interest rate will vary with the market money taken by bank to pay taxes home loan with a huge last payment coverage incase something happens to your property home loan for a huge amount of money home loan where the rate does not change a mortgage where only interest is paid until the last month home loan