Vapor Barrier ~ The material used to prevent moisture from penetrating the walls or floors in your home.

Reverse Mortgage ~ A loan used to convert the equity in a home into cash. The payment stream is reversed so the lender makes payments to the borrower. The borrower still owns the home and holds title. This type of loan is often used to provide seniors with financial security in their retirement years.

Settlement funds ~ All of the money, from the buyer, the buyer's lender or any other source that is necessary to meet all obligations created in a real estate transaction.

Credit History ~ The record of an individual's repayment of debt. Credit histories are reviewed my mortgage lenders as one of the underwriting criteria to determining your credit risk.

Plumb ~ A term used to indicate something is in true vertical position as determined by a plumb bob or vertical level.

Lanai ~ A veranda or porch.

Random Rubble ~ Stonework having irregular shaped units and no indication of systematic course work.

Veneer Construction ~ The type of wall construction in which the frame or masonry walls are faced with other exterior surfacing materials, such as stone or brick.

Lease Purchase ~ When a potential buyer is allowed to lease a home with an option to buy. The rent is often made up of a monthly payment that includes an additional amount that is credited to an account for use as a down payment.

Lock-in ~ Many lenders offer an interest rate lock-in that guarantees a specific interest rate if the loan is closed within a specific time. This can protect the borrower from rate changes.