The process of getting a mortgage is not something you do every day. You may encounter acronyms or terms that you are unfamiliar with, and knowing what they mean can make you more comfortable with what you are hearing or reading. Here is a list of some mortgage terms along with what they mean.

On your path to homeownership there are many steps, understanding what is involved in each can help you with the process. Here are ten steps with a brief explanation for each one.