Home Buyers Glossary

Real Estate Glossary

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M

Term Definition
Margin
An amount the lender adds to an index to determine the interest rate on an adjustable rate mortgage.
Mortgage
A lien on the property that secures the promise to repay a loan.
Mortgage Banker
A company that originates loans and resells them to secondary mortgage lenders such as Fannie Mae or Freddie Mac
Mortgage Broker
A firm that originates and processes loans for a number of lenders.
Mortgage Insurance
A policy that protects lenders against some or most of the losses that can occur when a borrower defaults on a mortgage loan; mortgage insurance is required primarily for borrowers with a down payment of less than 20% of the home's purchase price.
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Dining Reviews

  • Flancer's, 4 stars
    Don't be fooled by the pun-laden menu. Flancer's sandwiches, salads, burgers and pasta showcase its owner's serious culinary skills with a nod to the flavors of the Southwest.
  • Arizona Pizza Company, 3 stars
    The Glendale location of the Arizona Pizza Company is the back-East chain's first foray into its namesake state. It's basically an expansive sports bar, complete with servers dressed like referees and more than two dozen televisions tuned in to all kinds of sports events. But the menu is far more than just wings and burgers.
  • Pho Ao Sen, 3.5 stars
    This upscale Vietnamese restaurant, one of the prettiest in town, offers pho and other Vietnamese classics, as well as a handful of unique and utterly delicious specialties.
  • Pollo Campero, 3 stars
    Guatemalan-based Pollo Campero offers fried and grilled chicken. Grilled chicken is a thing of beauty: skin on, a little charred in spots, served with wedges of lime. The chicken burrito is a chubby roll of tortilla wrapped around bits of chicken, cheese, peas, chopped carrots, beans and rice.
  • Shimogamo Japanese Restaurant, 4 stars
    Traditional yet contemporary Shimogamo offers sushi and traditional Japanese dishes alongside modern Japanese specialties, including BBQ beef tongue, panko-breaded fried oysters with tonkatsu sauce and miso-marinated black cod. Don't miss inspired sushi rolls, such as the Shimogamo and the tsunami.