Real Estate Acronyms
The following acronyms are commonly used in the real estate and mortgage lending industries:
1031 1031 Exchange LTV Loan to Value
APN Assessor's Parcel Number MLS Multiple Listing Service
APR Annual Percentage Rate NAR National Association of Realtors
ARM Adjustable Rate Mortgage NOD Notice of Default
CC&Rs Covenants, Conditions and Restrictions NOS Notice of Sale
CLTV Combined Loan to Value PMI Private Mortgage Insurance
E&O Errors and Omissions Insurance POA Power of Attorney
FHA Federal Housing Administration POC Paid Outside of Closing
FHLMC Federal Home Loan Mortgage Corporation (Freddie Mac) REO Real Estate Owned
FNMA Federal National Mortgage Association (Fannie Mae) RESPA Real Estate Settlement Procedures Act
FRM Fixed Rate Mortgage ROI Return on Investment
HELOC Home Equity Line of Credit TILA Truth in Lending Act (Regulation Z)
HOA Home owners Association UPB Unpaid Principal Balance
HUD Department of Housing and Urban Development VA Department of Veterans Affairs
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