Betty Goyens, Your Malibu Agent


Multiple Listings Service (MLS)

2022-01-14T00:23:05-05:00January 14, 2022||

The service combines the listings for all available homes in an area, except for For-Sale-By-Owner properties, in one directory or database.

Mortgage Interest Deduction

2022-01-14T00:22:42-05:00January 14, 2022||

The ability of mortgage borrowers to deduct the interest paid on a home loan for purposes of federal and state income taxes.

Mortgage Life Insurance

2022-01-14T00:22:29-05:00January 14, 2022||

A type of term life insurance specifying that in the event that the borrower dies while the policy is in force, the debt is automatically paid by insurance proceeds.

Mortgage Insurance

2022-01-14T00:22:18-05:00January 14, 2022||

Money paid to insure the mortgage when the down payment is less than 20 percent.

Mortgage Broker

2022-01-14T00:21:56-05:00January 14, 2022||

An individual or company that arranges mortgage financing between a borrower and a lender.

Mortgage Banker

2022-01-14T00:21:46-05:00January 14, 2022||

A company that originates mortgages for sale into the secondary mortgage market (e.g., Fannie Mae and Freddie Mac).


2022-01-14T00:21:35-05:00January 14, 2022||

A legal document that pledges a property to the lender as security for payment of a debt.

Monthly Fixed Installment

2022-01-14T00:21:26-05:00January 14, 2022||

That portion of the total monthly payment that is applied toward principal and interest. When a mortgage negatively amortizes, the monthly fixed installment does not include any amount for principal reduction and doesn’t cover all [...]


2022-01-14T00:20:57-05:00January 14, 2022||

A process used to resolve disputes. In mediation, the parties to the dispute are assisted by a neutral third person called a mediator. The mediator is not empowered to impose a settlement or decision on [...]

Go to Top