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Good Faith Estimate -
Estimate of all monies required at time of closing.
Graduated Payment Mortgage (GPM) -
A mortgage in which payments increase for a specified period of time and
then level off. Negative amortization.
Government National Mortgage Association (Ginnie
Mae) -
Provides funds for government loans. Serves low-to moderate-income
homebuyers.
Grantee -
The person to whom a conveyance is made.
Grantor -
The person who conveys and interest in a property.
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