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Glossary of Terms > H > HYBRID ARMs

HYBRID ARMs

A combination of a fixed- and adjustable-rate mortgage, beginning at a guaranteed rate and then reseting after a pre-determined period. For instance, a 5/1 Hybrid offers a fixed-rate for five years, and an adjustable rate thereafter.

H Terms

HAZARD INSURANCE

HOME EQUITY

HOME EQUITY LINE OF CREDIT

HOME INSPECTION

HOMEOWNER'S INSURANCE

HOMEOWNER'S WARRANTY

HOMEOWNERS' ASSOCIATION (HOA)

HOUSING AND URBAN DEVELOPMENT

HYBRID ARMs