Mortgage Application
Apply for a free, no-obligation quote from Florida Home Loan
Florida Home Loan offers the best interest rates on mortgage loans with outstanding customer service to
give you a pleasant experience with your re-finance,
home equity loan or new home purchase.

Give us a chance to prove it by clicking here.
Start

Glossary of Terms > D > DOWN PAYMENT

DOWN PAYMENT

The part of the purchase price of a property that the buyer pays in cash and does not finance with a mortgage. Some lenders allow you to not put any money down, while many people opt for down payments of 20 percent or more.

D Terms

DAYS ON MARKET

DEBT-TO-INCOME (DTI) RATIO

DEED

DEED OF TRUST

DEED-IN-LIEU

DEFAULT

DELINQUENCY

DEPOSIT

DEPRECIATION

DISCOUNT POINTS

DOWN PAYMENT

DUE-ON-SALE PROVISION