Glossary of Real Estate terms used by Baja Real Estate Group's website.
There are 367 Real Estate entries in this glossary. Complete with definitions.All
Term
Definition
- ARM (Mortgage Loan)
-
Adjustable Rate Mortgage; a mortgage loan subject to changes in interest rates; when rates change, ARM monthly payments increase or decrease at intervals determined by the lender; the change in monthly payment amount, however, is usually subject to a cap.



