The maximum amount of money that can be loaned to you

A standardized way of showing you the total cost of borrowing money.

The delivery of a deed, financial adjustments, the signing of a note, and the disbursement of the funds necessary to consummate, or close, the sale or loan transaction.

A record of your personal credit history.

The difference between how much your property is worth and how much you still owe on your mortgage

The failure to make payments on a timely basis or in accordance with the terms of your promissory note.

This document shows that an owner of a piece of real property has title to that property.

An interest rate that never changes over the life of a loan.

This is your total income before any deductions such as taxes, 401(k) contributions, Medicare, or Social Security contributions.

The original amount of a loan, excluding interest.

A written agreement from a mortgage lender to grant a loan for a home purchase.

Also known as a second mortgage, is a closed-ended, secured loan with your home used as collateral.

A document a potential tenant fills out so a landlord can decide if they're qualified to rent the apartment.

A certificate that verifies the spaces available for rent have been inspected, approved for occupancy and deemed as a quality place to live.

The formal process where your landlord terminates your lease and asks you to vacate your apartment in a period of time decided by local laws and statutes.

A public record of how you've managed your credit and debt in your past, including credit cards, loans and other leases.

Areas of the apartment complex — such as the gym, laundry rooms, clubhouse and outdoor spaces

The owner of your property, or an agent of the owner, who leases out the apartment.

A residential tenancy agreement, a contract between you (and your co-tenants) and the landlord or owner.