Glossary

A glossary is a dictionary of terms specific to a certain subject. A biology textbook might have a glossary in the back, so you can quickly look up all those technical words.

Warehouse Lending

Updated on 2023-08-29T11:55:49.420839Z

The credit that is offered to a (mortgage) creditor to fund the mortgages while waiting for the lender to sell them in the secondary marketplace eventually is known as warehouse lending. Funds are used to pay for a mortgage that has been used by the borrower to buy a property.