5 Homebuying Terminology You Need to Know
If you are buying a home, be sure you are familiar with the homebuying terminology or acronyms you will encounter during the purchasing process. Here are 5 of the most common terms: APR, FRM, DTI, PMI and P&I.
- Learning the lingo of homebuying is an important part of feeling successful when buying a home.
- From APR to P&I, you need to know the acronyms that will come up along the way, and what they mean when you hear them.
- Your local professionals are here to help you feel confident and informed from start to finish…and this infographic will help you as you go.