Mortgage Services for New Jersey, New York, Connecticut and Florida

Home

Mortgage Tools

Glossary

Glossary of terms used on this site

There are 84 entries in this glossary.

All | A | B | C | D | E | F | H | J | L | M | N | O | P | R | S | T | V

V

Term	Definition
Vested	Having the right to use a portion of a fund, such as an individual retirement fund. For example, individuals who are 100 percent vested can withdraw all of the funds that are set aside for them in a retirement fund. However, taxes may be due on any funds that are actually withdrawn.
Veterans Administration (VA)	An agency of the federal government that guarantees residential mortgages made to eligible veterans of the military services. The guarantee protects the lender against loss and thus encourages lenders to make more mortgages available to veterans.

Glossary 2.64 is technology by Guru PHP

At University Mortgage our Higher Degree of Service^SM provides you with a complete education in the home loan process that we call a Mortgage Cum Laude^SM. Learn More.