By the CEShop Team Common Mortgage Terms and Definitions Whether you are a mortgage lender, borrower, or real estate agent, navigating your way through the mortgage loan process can be challenging. Having a list of mortgage terms handy helps everyone benefit during the process. To help you enjoy smooth sailing during the mortgage loan process, we’ve put together a list of the most widely used mortgage term definitions in the industry. Mortgage Terms: Adjustable-Rate Mortgage (ARM) Amortization Annual Percentage Rate (APR) Appraisal Fee Appraised Value Borrower Defaults Borrower’s Credit Borrower’s Closing Costs Closing Disclosure Conventional Loan Conventional Mortgage Credit Report Creditworthiness Debt-to-Income Ratio Deed of Trust Down Payment Earnest Money…