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Avenel Dunellen Highland Park Middlesex North Brunswick Plainsboro South Plainfield
Carteret East Brunswick Iselin Milltown Old Bridge Port Reading South River
Colonia Edison Keasbey Monmouth Junction Parlin Sayreville Spotswood
Cranbury Fords Kendall Park Monroe Township Perth Amboy Sewaren Woodbridge
Dayton Helmetta Metuchen New Brunswick Piscataway South Amboy
Today's Mortgage Terms starting with E

Equity:

The difference between the current market value of a property and the total debt outstanding against the property.

Escrow:

A transaction in which a third party represents both the buyer and seller, or for borrower and lender, involving the handling of legal documents and disbursement of funds. In some parts of the US, escrow of taxes and insurance premiums are referred to as impound or reserves.

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