Real Estate and Mortgage Abbreviations and Acronyms

ABA – American Bankers Association
ABC – Associated Building Contractors
ABR – Accredited Buyer Representative
ARV – After Repair Value
AI – Appraisal Institute
ALTA – American Land Title Association 
AMI – Alternative Mortgage Instrument
AML – Adjustable Mortgage Loan
APR – Annual Percentage Rate
ARM – Adjustable Rate Mortgage
CCIM – Certified Commercial Investment Member
CCR or CCR&R – Conditions, Covenants, and Restrictions
CLTV – Combined Loan to Value
CMA – Comparative Market Analysis
COF or COFI – Cost Of Funds Index
COO or C of O – Certificate of Occupancy
Comps – Comparable properties
CRE – Commercial Real Estate
CRV – Certificate of Reasonable Value
DTI – Debt To Income ratio
ECOA – Equal Credit Opportunity Act
EMD – Earnest Money Deposit
FCRA – Fair Credit Reporting Act
FDIC – Federal Deposit Insurance Corporation
FEMA – Federal Emergency Management Agency
FHA – Federal Housing Administration
FHLMC – Federal Home Loan Mortgage Corporation (Freddie Mac)
FNMA – Federal National Mortgage Association (Fannie Mae)
FPM – Flexible Payment Mortgage
GNMA – Government National Mortgage Association (Ginnie Mae)
GPM – Graduated Payment Mortgage
HELOC – Home Equity Line of Credit
HMDA – Home Mortgage Disclosure Act
HUD – Department of Housing and Urban Development
LOC – Line of Credit
LTV, LV – Loan-To-Value ratio
MI – Mortgage Insurance
MIP – Mortgage Insurance Premium
MLS – Multiple Listing Service
OO – Owner Occupied
NAR – National Association of Realtors
NOO – Non-Owner Occupied
P & I – Principal and Interest (payment)
PITI – Principal, Interest, Taxes and Insurance (payments)
PITIA – Principal, Interest, Taxes, Insurance and Association fee (payments)
PMI – Private Mortgage Insurance
PMM – Purchase Money Mortgage
POA – Power of Attorney
psf – per square foot
PUD – Planned Unit Development
RAM – Reverse Annuity Mortgage
REO – Real Estate Owned
RESPA – Real Estate Settlement Procedures Act
TIL – Truth in lending law (Truth in Lending Statement)
URAR – Uniform Residential Appraisal Report