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Mortgage Glossary

The Carroll Mortgage Group, Inc. Benefits
Clarity from Experienced Professionals
The Carroll Mortgage Group has over 300 years of combined experience. In addition, James R. Carroll, owner of Carroll Mortgage, is a licensed attorney and real estate broker. Let our wealth of experience and knowledge clarify and ease your financing journey.
Ready to close on your mortgage quickly?
We process, underwrite, and issue closing instructions from our offices. Banks rely exclusively on automated underwriting decision makers. We have the authority to underwrite your loan with an automated or manual procedure. This gives you the best possible financing solution. At Carroll Mortgage, the final decision maker is Jim Carroll.
Confused about which program to choose?
As an independent mortgage banker and Fannie Mae Seller/Servicer, we have direct access to numerous investors and a wide range of mortgage products. Let our Loan Officers help you find the right loan for you.
Still want personal assistance?
If you are not ready to apply for a preapproval, click here to have one of our Loan Officers contact you for a free personal loan consultation.
Today's Featured Rates

30 Year Fixed Rate
 Rate  APR  Points
 7.000%  7.141%  0.000%
15 Year Fixed Rate
 Rate  APR  Points
 6.500%  6.725%  0.000%
Assumptions