Business Glossary-Term List
Welcome to the MISMO Business Glossary - your online source of mortgage industry business terms and data point descriptions. Follow the links provided for Term Type; Focus Area; and Source descriptions; complete terms of authorized usage; and a more detailed description of the MISMO Business Glossary. Search tip: Use quotes for an exact search (e.g., "keyword or phrase").
Return to full Term List
Download Business Glossary
(MISMO Members)
Pre-purchase education, often referred to as homebuyer education, is a program designed to equip prospective homebuyers with the knowledge and skills needed to make informed decisions about purchasing a home, including understanding the home buying process, budgeting, and managing finances.
Term Source: MISMO (Non-LDD)
Term Type: Event
Focus Area: #Origination
AUTHORIZED USAGE: All usage of this product is dictated by the terms and conditions within the MISMO 2018 Intellectual Property Rights (IPR) Policy. For more information, please see complete Authorized Usage / Patent Disclosure Request or contact [email protected].