Pre-qualification is the stage where you are checked to see [...]

Points are the upfront cash payment (each point equals 1% [...]

This is a mortgage that has a loan value larger [...]

This is a loan that conforms to the requirements of [...]

This is the list of settlement costs that the lender [...]

Stated income/verified assets: In this type of loan, the income is [...]

A full documentation loan is where your assets and income [...]