Morgage Dictionary
There are currently 3 names in this directory beginning with the letter J.
Joint Ownership In which a home or property is shared equally between two people; common for spouses.
Joint Tenancy Property in which two or more people share ownership.
Jumbo Loan A loan amount above conforming loan limits. These loans typically carry higher interest rates than conforming loans because they can't be sold to Fannie Mae or Freddie Mac.