Real Estate Acronyms

The following acronyms are commonly used in the real estate and mortgage lending industries:


10311031 ExchangeLTVLoan to Value
APNAssessor's Parcel NumberMLSMultiple Listing Service
APRAnnual Percentage RateNARNational Association of Realtors
ARMAdjustable Rate MortgageNODNotice of Default
CC&RsCovenants, Conditions and RestrictionsNOSNotice of Sale
CLTVCombined Loan to ValuePMIPrivate Mortgage Insurance
E&OErrors and Omissions InsurancePOAPower of Attorney
FHAFederal Housing AdministrationPOCPaid Outside of Closing
FHLMCFederal Home Loan Mortgage Corporation (Freddie Mac)REOReal Estate Owned
FNMAFederal National Mortgage Association (Fannie Mae)RESPAReal Estate Settlement Procedures Act
FRMFixed Rate MortgageROIReturn on Investment
HELOCHome Equity Line of CreditTILATruth in Lending Act (Regulation Z)
HOAHome owners AssociationUPBUnpaid Principal Balance
HUDDepartment of Housing and Urban DevelopmentVADepartment of Veterans Affairs