Mortgage Terms Glossary

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Monday, July 21 2008

Mortgage Terms Glossary

Acquisition cost –

Under an FHA loan, the purchase price or appraised value of the property plus the estimated closing costs.

Source:

http://www.plazaareaneighbors.com/index.php?pageId=423602&action=mortgage_glossary

Posted by: Rolando Trentini AT 10:00 am | Permalink | 0 Comments | Email

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