Realtor Jargon:
Initial interest rate -
The original interest rate on an adjustable rate mortgage. This rate may be subject to various adjustment at points throughout the mortgage.


Certificate of Reasonable Value (CRV)
An appraisal issued by the Veterans Administration showing a property's current market value


Click a link below for related topics



For a more indepth definition or explanation of Certificate of Reasonable Value (CRV) and how it affects your real estate transaction, call me!