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Understanding the meaning of mortgage acronyms and terminology

Here’s a quick explanation of what the main mortgage terms mean to help you start talking like a pro.

Karina Reardon
Last updated: 10 April 2024 | 6 min read

What does LVR mean?

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What does DTI mean?

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What does UMI mean?

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What does AML mean?

What is a credit score?

Authors

Karina Reardon Karina Reardon
Murray Joiner Murray Joiner