Glossary of US mortgage terminology
（重定向自Par rate）
Terms pertaining to US mortgages include:
Main two types
Origination and Re-Financing Origination: starting from the scrap, Ex, A person want to buy a home and go to the bank for the same will get loan of 80% of their LTV. Re-finance: defaulted borrower can apply for the same refinancing procedure to re modify the loan term,interest rate.